Thailand SEC Travel Rule Effective Date and Requirements
Thailand SEC requires licensed crypto platforms to collect originator and beneficiary data on transfers above set thresholds from February 2027.
Thailand’s Securities and Exchange Commission issued a Travel Rule notification dated Aug. 25 that requires supervised crypto platforms to collect and transmit originator and beneficiary information on coin transfers.
The rule takes effect Feb. 27, 2027, after a 180-day implementation period. Transfers over 30,000 baht require the recipient’s province, city or country and, for legal entities, registration number.
Incoming transfers from self-hosted wallets above 30,000 baht require the platform to verify that the user controls the wallet. Records must be kept for at least five years. The rule does not apply to order-book trades or THB movements.
What remains unknown
Exact compliance costs, operational delays, volume of affected transfers, and number of licensed operators subject to the rule remain unspecified.