Thailand to enforce crypto Travel Rule starting Feb. 27, 2027
Thailand's SEC requires digital asset operators to track self-custodial wallet transactions. The new regulations align with the global Anti-Money Laundering standards.
The Securities and Exchange Commission (SEC) in Thailand announced new rules requiring digital asset operators to collect information about parties involved in cryptocurrency transfers. These Travel Rule regulations aim to tighten oversight of crypto transfers, including those involving self-custodial wallets. Under the framework, Thai operators must verify the ownership or control of these self-hosted wallets when customers send or receive crypto from them. This differs from centralized exchanges where custodians manage keys. Operators must also retain transaction records for at least five years and make them available for regulatory examination. The rules take effect on Feb. 27, 2027, providing businesses nearly six months to develop necessary systems. This move follows the Financial Action Task Force estimate that 83% of surveyed jurisdictions had passed Travel Rule legislation as of 2026.
