The Thailand Securities and Exchange Commission has opened a public consultation on principles for setting requirements on receiving and transmitting information that accompanies digital asset transfers (the Travel Rule). The proposals are intended to ensure digital asset business operators hold sufficient information for anti-money-laundering verification and risk management, align with international standards, and support efforts to prevent technology-related crimes. Under the proposed principles, operators would need policies and procedures to receive and transmit transfer information on customers’ behalf, collect transaction data plus customer and counterparty information, and retain information accompanying all digital asset transfer transactions for at least five years. The ordering digital asset operator would be required to transmit the transfer order along with relevant transaction information, including originator and beneficiary information, to the beneficiary digital asset operator, and operators would have to implement prescribed risk management measures for sending and receiving transfers. The SEC positioned the initiative as complementing work with the Anti-Money Laundering Office, including interim guidance while AMLO prepares regulations under the Anti-Money Laundering Act. Comments are due by 25 March 2026 via the SEC website.

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