The Thai Securities and Exchange Commission (SEC) has updated its criteria for cryptocurrency listings in initial coin offerings (ICOs), now including stablecoins USDC and USDT. This revision signals an expansion in the variety of cryptocurrencies available for investors and aims to accommodate the growing adoption of digital assets.
Effective from March 16, 2025, these changes will see USDC and USDT join existing cryptocurrencies like Bitcoin, Ethereum, Ripple, and Stellar on the approved list for ICOs. The move seeks to enhance the investment landscape in Thailand by providing more diverse and stable options for investment.
The Thai SEC’s decision to include stablecoins in its listing stems from their increasing popularity and essential role in the digital currency ecosystem. By broadening its criteria, the SEC aims to foster a more robust regulatory environment, ensuring that cryptocurrencies available for ICOs align with both market trends and investor needs.
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