Thai SEC Introduces New Crypto Transfer Regulations
Thailand's Securities and Exchange Commission (SEC) has issued new regulations for crypto platforms in the country. Starting February 27, 2027, licensed operators will be required to collect and share sender and recipient information for coin transfers.
The rule applies to all regulated digital asset operators, who must verify the qualifications of counterparties involved in the transfer route. When a transfer is made, the sending platform must pass on sender and recipient details to the receiving operator, which must keep records of these transactions for five years.
Transfers above 30,000 baht require additional information from recipients, including their city, province, country, and company registration number if applicable. Self-hosted wallet transfers also face extra checks, with platforms needing to verify ownership before allowing funds to move.
The new rule does not cover order book trades or Thai baht transfers, only applying to coin transfers between regulated platforms.