Thailand's Securities and Exchange Commission (SEC) announced that the Ministry of Digital Economy and Society will restrict access to five unauthorized digital asset trading platforms from 28 June 2025, following the SEC’s submission of information on the platforms. The SEC urged investors using the affected platforms to withdraw or transfer their assets before the access restrictions take effect. The measure is taken under the Royal Decree on Measures for the Prevention and Suppression of Technological Crime (No. 2) B.E. 2568 (2025), effective since 13 April 2025, which authorizes the Ministry to block access to unauthorized digital asset trading platforms. The SEC’s 29 May 2025 submission covered Bybit.com, 1000x.live, CoinEx, OKX and XT.COM, citing investor protection and the risk that unlicensed platforms could be used as channels for money laundering. The SEC also reiterated its warning to use caution with unlicensed digital asset operators and referenced its published lists of licensed and unlicensed firms and its channels for reporting suspicious activity.
Thailand Securities & Exchange Commission 2025-06-26
Thailand Securities and Exchange Commission flags five unlicensed crypto trading platforms for access blocking from 28 June 2025
Thailand's SEC announced that the Ministry of Digital Economy and Society will block access to five unauthorized digital asset trading platforms from 28 June 2025, following the SEC's information submission. The action, under the Royal Decree on Measures for the Prevention and Suppression of Technological Crime, aims to protect investors and mitigate money laundering risks. The SEC advised investors to withdraw or transfer assets from Bybit.com, 1000x.live, CoinEx, OKX, and XT.COM before restrictions take effect.