Thailand's Securities and Exchange Commission has issued a crypto Travel Rule requiring digital asset operators to verify ownership or control of self-custody wallets when customers transfer crypto assets in or out, and to keep transaction-related information for at least five years for regulatory review. According to Foresight News, the rule will take effect on February 27, 2027, giving firms nearly six months to build systems for transmitting, receiving, and monitoring transaction data.
SEC Secretary-General Pornanong Budsaratragoon said the rule is intended to reduce the risk that digital asset operators are used for money laundering and terrorist financing. The measure was finalized after two public consultations this year, including a principles draft in March and a consultation draft in June. FATF data showed that 83% of surveyed jurisdictions had enacted Travel Rule legislation by 2026. Thailand's SEC also proposed on Monday allowing intermediaries to offer retail investors access to some regulated crypto derivatives from overseas exchanges, after previously advancing draft rules for spot Bitcoin and Ether ETFs.