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SEC adds USDC and USDT to the cryptocurrencies list



Thursday 6 March 2025 | No. 50 / 2025


Bangkok, 6 March 2025 – The Securities and Exchange Commission (SEC) has revised the criteria for the cryptocurrencies list to be used for investment in digital tokens through ICOs process, for ICO portals to receive from investors or issuers for transactions, and for digital asset exchanges to use as base trading pairs with two additional cryptocurrencies, namely, USD Coin (USDC) and Tether (USDT). These amended regulations will take effect from 16 March 2025.

The SEC has specified the list of eligible cryptocurrencies to be used for investment in digital tokens through ICOs process and as base trading pair against digital asset exchanges. Currently, there are five listed cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and cryptocurrencies used for testing settlement with Bank of Thailand‘s Programmable Payment Sandbox.

In February 2025, to enhance business flexibility, the SEC conducted a public hearing on a proposed amendment to the list of eligible cryptocurrencies. The majority of the respondents expressed support for the proposed amendment.

 
The SEC has therefore issued a notification regarding the amendment to the criteria for designating the list of eligible cryptocurrencies to be used for investment in digital token through ICOs process and as base trading pair against digital asset exchanges with two additional cryptocurrencies: USDT and USDC.  
 
The Notification* regarding the amended criteria will take effect as from 16 March 2025.
 



Remark:
* The Notification of the Office of the Securities and Exchange Commission No. Sor Jor. 9/2568 Re: the Cryptocurrencies List Specified by the SEC Office:  (https://publish.sec.or.th/nrs/10657s.pdf)
Appendix: The Cryptocurrencies List Which ICO Issuers or Digital Asset Business Operators Are allowed to Accept as Compensations or in Transactions: (https://publish.sec.or.th/nrs/10658s.pdf)
   





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No. 50 / 2025 Thursday 6 March 2025
SEC adds USDC and USDT to the cryptocurrencies list

Bangkok, 6 March 2025 – The Securities and Exchange Commission (SEC) has revised the criteria for the cryptocurrencies list to be used for investment in digital tokens through ICOs process, for ICO portals to receive from investors or issuers for transactions, and for digital asset exchanges to use as base trading pairs with two additional cryptocurrencies, namely, USD Coin (USDC) and Tether (USDT). These amended regulations will take effect from 16 March 2025.

The SEC has specified the list of eligible cryptocurrencies to be used for investment in digital tokens through ICOs process and as base trading pair against digital asset exchanges. Currently, there are five listed cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and cryptocurrencies used for testing settlement with Bank of Thailand‘s Programmable Payment Sandbox.

In February 2025, to enhance business flexibility, the SEC conducted a public hearing on a proposed amendment to the list of eligible cryptocurrencies. The majority of the respondents expressed support for the proposed amendment.

 
The SEC has therefore issued a notification regarding the amendment to the criteria for designating the list of eligible cryptocurrencies to be used for investment in digital token through ICOs process and as base trading pair against digital asset exchanges with two additional cryptocurrencies: USDT and USDC.  
 
The Notification* regarding the amended criteria will take effect as from 16 March 2025.
 



Remark:
* The Notification of the Office of the Securities and Exchange Commission No. Sor Jor. 9/2568 Re: the Cryptocurrencies List Specified by the SEC Office:  (https://publish.sec.or.th/nrs/10657s.pdf)
Appendix: The Cryptocurrencies List Which ICO Issuers or Digital Asset Business Operators Are allowed to Accept as Compensations or in Transactions: (https://publish.sec.or.th/nrs/10658s.pdf)