Thailand's Securities and Exchange Commission has filed criminal complaints with the Economic Crime Suppression Division against Bitazza International Limited (Bitazza Global), Bitazza Co., Ltd. (Bitazza), and two executives for allegedly jointly operating a digital asset exchange business without a licence. The SEC also issued an investor alert after initiating measures to block access to the Bitazza Global platform, with public access to be disabled from 22 March 2026. The SEC’s probe found that Bitazza Global and Bitazza, a licensed digital asset broker, provided a platform for trading or exchanging digital assets and collected fees for these services. It cited Thai-language promotion and solicitation via Bitazza’s social media channels, services offered exclusively to clients residing in Thailand, references to Thai government agencies in customer terms and conditions, and access provided via Bitazza’s website and application. Users registering through Bitazza were treated as Bitazza Global account holders without separate identity verification, and Bitazza provided core operational systems to Bitazza Global. The matter now moves through investigation, prosecution and court adjudication, with the SEC monitoring proceedings and cooperating with relevant agencies. The SEC submitted information on the Bitazza Global platform to the Ministry of Digital Economy and Society under the Royal Decree on Measures for Preventing and Suppressing Technology-Related Crimes (No. 2) B.E. 2568 (2025) to support access blocking, and advised users to take appropriate steps regarding any assets held on the platform before the block takes effect.

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