Thai SEC Cracks Down on Insider Crypto Activity – Proposes Full Transparency for Token Issuers

Thailand’s SEC is Turning Up the Heat on Insider Crypto Activity

Thailand’s Securities and Exchange Commission (SEC) is now opening public consultations on a bold new regulatory proposal:
Platforms listing utility tokens would be required to disclose the identities of individuals involved in the token’s issuance.

The goal? To prevent and detect insider trading — a persistent issue in the crypto space where key insiders dump tokens or make trades using confidential information before the public gets access.

This move reflects Thailand’s broader push to create a more transparent and safe environment for digital finance.
In fact, Thailand's SEC already charged a Bitkub executive back in 2022 for insider trading — and this new rule seems to be a direct response to prevent history from repeating itself.

In parallel, Thailand is taking steps to support the industry by:

• Exempting capital gains tax on crypto trading via licensed exchanges

• Enforcing compliance on foreign platforms like OKX and Bybit

The bottom line: Thailand wants crypto innovation, but not at the cost of fairness. This regulatory refinement could set a regional example of how to strike a balance between progress and protection.