A new rule requires licensed crypto operators to share sender and beneficiary details for coin transfers, add location or entity data for transfers above 30,000 baht, and may require proof of control for self-hosted wallets. It takes effect Feb. 27, 2027.
From Feb. 27, 2027, supervised crypto platforms must collect and transmit originator and beneficiary information for coin transfers and retain transfer records for at least five years.
The rule applies to coin transfers between wallets and platforms, but not to order-book trades or baht withdrawals, and platforms get 180 days after Royal Gazette publication to implement systems.
02 Customers sending more than 30,000 baht must provide added recipient details, while regulated platforms must retain transfer records for five years. 03 Transfers involving self-hosted wallets above 30,000 baht may require ownership verification, potentially delaying transactions with missing information. How crypto transfers will change SEC-supervised digital-asset operators must collect information on customers and their counterparties when coins are transferred.
It does not apply to trades on an operator's order book or to transfers and withdrawals of Thai baht because it governs coin transfers. Buying and trading cryptocurrencies should be considered a high-risk activity. They must also check counterparties and verify the qualifications of digital-asset service providers or intermediaries in the transfer route.
Make CryptoSlate preferred on Share Share Thailand's Securities and Exchange Commission has issued a Travel Rule that will require supervised crypto platforms to collect and transmit information identifying the people or entities behind coin transfers. 2, and an associated notification is dated Aug. Transfer-related records must be kept for at least five years.
Thailand’s Securities and Exchange Commission has proposed new rules requiring digital asset operators to collect, verify and retain information tied to crypto transfers under its planned Travel Rule framework. According to Thailand’s SEC, the draft notification would require operators to…
Thailand’s SEC will require digital asset operators to share sender and recipient information for transfers from 27 February 2027. Under the Travel Rule, operators must establish procedures for managing risks associated with sending and receiving digital assets. They must collect information about customers and counter
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