Thailand Introduces Stricter Crypto Transfer Rules Starting Feb 27, 2027

Thailand is set to enforce the Digital Assets Travel Rule from February 27, 2027, which requires Virtual Asset Service Providers (VASPs), Centralized Exchanges (CEXs), and other crypto operators to verify receiving parties before processing transfers. This means that Thai crypto operators will need to attach sender and receiver information to every transaction, similar to traditional bank wires.

Additionally, the new rule mandates that operators retain all transaction records for five years, allowing regulators to access them as needed. Self-custody transfers will also require proof of wallet ownership, increasing compliance and security burdens on crypto operators.

The enforcement of the Digital Assets Travel Rule is expected to affect privacy and decentralized finance (DeFi) / decentralized exchange (DEX) flows in Thailand.