On June 1, 2024, Thailand's Securities and Exchange
Commission (SEC) issued four notifications amending existing
regulations to recognize sustainability-related tokens and
institute specific measures for regulating them. These tokens are
intended to offer diverse sustainability-related products to ESG
funds in Thailand and drive the growth of a sustainable digital
economy in the country.
The key points in the notifications are summarized below.
Definitions
Under the notifications, sustainability-related tokens are
classified into four types:
- Green tokens: Digital tokens specifically
intended to incentivize or fund projects that promote environmental
sustainability.
- Social tokens: Digital tokens
specifically intended to support and fund initiatives that
contribute to social welfare.
