Thailand's 2026 Crypto Crackdown is HERE
The Bank of Thailand just made an unprecedented pivot from passive observer to active enforcer, targeting "grey money" flows that threaten economic stability. At the center of this massive regulatory shift? Digital assets.
In a stunning revelation, Governor Vitai Ratanakorn announced that 40% of USDT sellers on Thai platforms are foreigners who "should not be trading in Thailand," explicitly linking crypto to suspicious cross-border money flows.
The new rules are sweeping: commercial banks must now report all large or suspicious cash transactions. More critically, the government is enforcing the "Travel Rule" for all wallet-to-wallet transfers, requiring full identification of senders and receivers to eliminate anonymity.
This landmark move to monitor and regulate crypto transactions marks Thailand's most aggressive stance yet. It signals a clear intent to bring the digital asset economy under the same scrutiny as traditional finance.
For traders, this means one thing: the era of anonymous, cross-border capital movement through crypto in Thailand is officially over. Compliance is now the only game in town.
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