Thailand Cracks Down on Crypto Transfers with New Travel Rule Regulations

Thailand is tightening its grip on cryptocurrency transactions as it adopts new Travel Rule regulations. The rules, set to take effect on February 27, 2027, require digital asset operators to collect information about parties involved in crypto transfers.

The Securities and Exchange Commission (SEC) of Thailand issued the regulations, which aim to reduce the risk of money laundering and terrorist financing. Digital asset operators must verify the ownership or control of self-hosted wallets when customers send crypto to or receive it from those wallets.

Under the new framework, operators must also retain information accompanying every digital asset transaction for at least five years and make the records available for regulatory examination.