Thailand's SEC plans to relax crypto investor testing rules
Internet reports that the Securities and Exchange Commission of Thailand has proposed amending the ICO regulatory rules to allow non-institutional investors to pass a knowledge test without having to repeat the test, replacing the current requirement of testing every three months. The new regulations will force ICO portals to conduct suitability tests for all digital token investors, which will be reviewed every two years to ensure that investors 'risk tolerance matches product risks. The move aims to reduce the burden on investors and be consistent with existing securities regulatory standards. The public has until August 1 to submit comments on the proposal.
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