Thailand's Ministry of Finance reported that the government is accelerating integration of financial transaction data through the Data Bureau to improve detection of suspicious activity and prevent and suppress technology-enabled crime. A cross-agency Financial Information Linkage Subcommittee backed a “Connect The Dots” approach to link identity, transaction behaviour and inflow and outflow information across the financial system. The initiative is intended to connect data spanning cash, bank accounts and transfers, e-wallets, foreign exchange, digital assets and gold, reflecting sharp growth in newer channels including USDT, online gold platforms, cross-border transfers and non-resident baht (NRBA) accounts. The ministry cited USDT as representing up to 52% of the total value of digital asset purchases and foreign investment at around 39% of the digital asset market, while gold-related transactions have risen significantly without a single agency directly monitoring the underlying trades, with fragmented data limiting verification of sources and purposes of funds in tech-crime cases. Relevant agencies were tasked to consider and implement measures, including strengthening the Anti-Money Laundering Office’s role in collecting information on physical and online gold transactions, Bank of Thailand revisions to gold-merchant reporting requirements, and Ministry of Finance consideration of mandatory transaction reporting by online gold trading service providers and potential Specific Business Tax or other taxes for gold buyers and gold shops above a ministry-set threshold. For digital assets, the Securities and Exchange Commission is considering introduction of a Travel Rule for transactions routed via supervised operators and preparing further anti-money laundering-related regulations, with the Prime Minister urging faster coordination within existing legal powers.

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