$BTC Thailand’s SEC is shaking things up, proposing to loosen the reins on ICO investor requirements by slashing the frequency of mandatory knowledge tests.
Right now, investors must pass a test every three months to dive into early token sales, but the new plan would let regular investors take it just once, while pros get a full pass. Plus, ICO portals would only need to check investor suitability every two years instead of quarterly.
The goal? Streamline the process while still shielding investors from risky FOMO-driven bets, aligning crypto rules with the securities market and avoiding a repeat of past ICO boom-and-bust chaos. The SEC’s now collecting public feedback to fine-tune this shift.
What do you think—will these relaxed rules spark a fresh wave of ICO interest in Thailand, or are they still too cautious to ignite a boom?