Thailand Tightens Crypto Oversight with Travel Rule Regulations

Thailand's Securities and Exchange Commission (SEC) has introduced new regulations to align with global Anti-Money Laundering (AML) standards. The Travel Rule requires digital asset operators to collect information about parties involved in crypto transfers, including those using self-custodial wallets.

The rules will take effect on February 27, 2027, giving nearly six months for businesses to develop systems to transmit, receive, and monitor transaction information. Thailand joins a growing global push to track who sends and receives crypto, with an estimated 83% of surveyed jurisdictions having passed Travel Rule legislation as of 2026.

The new framework requires operators to verify the ownership or control of self-hosted wallets when customers send or receive crypto from those wallets. This move puts more responsibility on crypto companies to identify parties behind transfers, including those involving self-custodial wallets.