Tether Faces $42M USDT Freeze Lawsuit
Tether froze $42.4M in $USDT linked to Thai investors without a warrant, leading to a lawsuit seeking damages and blacklist removal. #Update #Legal $USDT
Thailand
SEC Implements Travel Rule for Crypto Operators
Thailand’s SEC approved the Travel Rule for Digital Assets, requiring operators to collect and transmit customer data for transfers, effective February 27, 2027. #Update #Crypto
Thailand Launches Data Bureau for Financial Oversight
Thailand’s government will launch a data bureau by December 2025 to monitor suspicious financial transactions, particularly in cryptocurrency, targeting “gray money” linked to gambling and fraud. #Update #Crypto
Bank of Thailand Freezes 3M Accounts
The Central Bank of Thailand froze over 3 million accounts to combat online scams, affecting thousands not involved. #Breaking #Legal
Crypto Exchanges Blocked by Thailand SEC
The Thai SEC will ban access to five major crypto exchanges, including @OKX and Bybit, from June 28, 2025, to combat money laundering. #Breaking #Legal (+8) ↘
Crypto Regulation: Thailand Bans Unlicensed Exchanges
Thailand’s SEC charges @Bybit_Official, 1000x.live, @coinexcom, @okx, and XT.COM for unlicensed operations under the Digital Asset Business Act to safeguard investors. #Breaking #Legal (+9) ↗
Crypto Conversion Gains Traction in Thailand
Thailand’s Finance Minister Pichai Chunhavajira announced potential regulated crypto services and blockchain bond tokens under strict oversight, indicating a shift towards digital finance openness. #Update #Crypto (+3) ↗
Crypto Ban Thailand Fines Foreign Services
Thailand bans foreign P2P crypto services, imposing fines up to $8,700 for unlicensed operations to combat fraud and money laundering. #Breaking #Legal (+8) ↗
Thai SEC Targets OKX for Unlicensed Operations
Thailand’s Securities and Exchange Commission filed a criminal complaint against @OKX operator Aux Cayes FinTech Co. Ltd. for allegedly running an unlicensed digital asset exchange. #Breaking #Legal (+9) ↗
Thailand Approves Nationwide USDT Usage
Thailand’s Securities and Exchange Commission approves $USDT for transactions and listings on exchanges, effective March 16, 2025. #Update #Crypto $USDT (+6) ↗
Blockchain Revolution: Thailand SEC Launches DLT
Bitcoin.com: Thailand’s Securities and Exchange Commission plans to launch a blockchain-based debt instrument trading system, encouraging securities firms to trade digital asset tokens. #Update #Crypto (+3) ↗
Bitcoin Mining Devices Seized in Thailand
Thai authorities seized nearly 1,000 Bitcoin mining devices from @JITCo in Chonburi for illegal electricity use worth millions. Legal actions are ongoing against those responsible. • #Breaking • @JITCo • (-7) • ↘
Thailand Launches Crypto Payments in Phuket
Thailand plans to pilot crypto payments in Phuket, enabling tourists to pay with $BTC, as announced by Deputy Prime Minister Pichai Chunhavajira on Jan. 8 at a Thailand Marketing Association seminar. • #Update • #Crypto • $BTC • +3 • ↗