Home Thailand Proposes New Crypto Travel Rule For Wallet Verification

Thailand Proposes New Crypto Travel Rule For Wallet Verification

Share
Thailand Proposes New Crypto Travel Rule For Wallet Verification
News
Share

Thailand’s Securities and Exchange Commission has opened a public consultation on proposed Crypto Travel Rule regulations that would require digital asset service providers to collect and verify information about both senders and recipients of eligible crypto transfers.

The proposal also introduces verification procedures for transactions involving self-hosted wallets, reflecting the country’s efforts to strengthen oversight while supporting innovation in the digital asset sector.

The draft framework is designed to align Thailand’s crypto regulations with international standards established by the Financial Action Task Force.

If implemented, exchanges and wallet providers may need to upgrade compliance systems and strengthen transaction monitoring capabilities.

The regulator is inviting feedback from industry participants before finalizing the rules, demonstrating Thailand’s continued commitment to building a transparent and internationally aligned crypto market.

Thailand Proposes New Crypto Travel Rule For Wallet Verification

Thailand Proposes New Crypto Travel Rule For Wallet Verification

Source: sec.or.th

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Robinhood Expands Venture Bets As Chain Nears $1B In TVL
News

Robinhood Expands Venture Bets As Chain Nears $1B In TVL

For its second venture fund, RVII, Robinhood raises $225.5 million. Retail investors can access private startups through Robinhood Ventures Fund II. RVII...

Metaplanet Launches BitBonds With $1.3 Million Bond Sale
News

Metaplanet Launches BitBonds With $1.3 Million Bond Sale

To increase funds for their Bitcoin treasury strategy, Metaplanet introduces BitBonds. Through four private bond series, the company sold its first BitBonds...

SharpLink To Stake $200M In ETH Through Lido As Treasury Strategy Expands
News

SharpLink To Stake $200M In ETH Through Lido As Treasury Strategy Expands

As part of its Ethereum treasury strategy, SharpLink intends to stake $200 million in ETH via Lido. In exchange for the ETH...

Tether Completes First Full Audit Of $180B USDT Stablecoin
News

Tether Completes First Full Audit Of $180B USDT Stablecoin

Tether, the company behind the world’s largest stablecoin USDT, said Thursday that it had completed a full financial audit for the first...

Related Articles

How Memecoins DOGE, SHIB, CASHCAT Are Reshaping Crypto

A few years ago, memecoins used to be the joke corner of...

Best Memecoin Launchpads Of 2026

Memecoins have been a point of attraction for crypto investors since their...

Best AI Crypto Projects Of 2026

The Artificial Intelligence (AI) sector is attracting very significant venture capital investments...

This Is How Indians Can Invest In Global Assets In 2026

Introduction Can Indians invest in global assets, too? The answer is yes....