{"id":12744,"date":"2026-09-03T05:45:23","date_gmt":"2026-09-03T05:45:23","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=12744"},"modified":"2026-09-03T05:45:23","modified_gmt":"2026-09-03T05:45:23","slug":"thailand-puts-private-wallets-and-offshore-crypto-transfers-on-notice-in-a-major-new-crypto-rule","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=12744","title":{"rendered":"Thailand puts private wallets and offshore crypto transfers on notice in a major new crypto rule"},"content":{"rendered":"

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Thailand\u2019s Securities and Exchange Commission has issued a Travel Rule that will require supervised crypto platforms to collect and transmit information identifying the people or entities behind coin transfers.<\/p>\n

The regulator announced the rule on Sept. 2, and an associated notification is dated Aug. 25. It takes effect Feb. 27, 2027, after a 180-day implementation period from publication in the Royal Gazette.<\/p>\n

The lead time lets operators prepare systems for exchanging transfer data, checking transactions, and requesting required information from customers, according to the SEC\u2019s customer-facing Q&A.<\/p>\n

How crypto transfers will change<\/h2>\n

SEC-supervised digital-asset operators must collect information on customers and their counterparties when coins are transferred. They must also check counterparties and verify the qualifications of digital-asset service providers or intermediaries in the transfer route.<\/p>\n

An operator sending a transfer instruction must pass originator and beneficiary information to the operator receiving it. Transfer-related records must be kept for at least five years.<\/p>\n

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Related Reading<\/span><\/p>\n

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Customers will face different information requests based on transfer size. When sending coins from a wallet held with a regulated platform, a customer must identify the recipient even when the transfer is no more than 30,000 baht.<\/p>\n

For transfers over 30,000 baht, the customer must also provide the recipient\u2019s province or city and country. If the recipient is a legal entity, the customer must also provide its registration number. Smaller transfers require basic recipient identification, while larger ones require additional location or entity details.<\/p>\n