ChainCatcher report: Thailand’s Securities and Exchange Commission (SEC) has officially adopted the Crypto Asset Travel Rule, requiring digital asset operators to verify ownership or control of self-custody wallets when customers send or receive crypto assets, and to retain relevant transaction information for at least five years for regulatory review. Pornanong Budsaratragoon, Secretary-General of Thailand’s SEC, stated that the rule aims to reduce the risk of digital asset operators being used for money laundering and terrorist financing. The final rule was established after two rounds of public consultation—the first in March, which introduced a draft framework, and the second in June, which released a draft notice—during which the SEC noted that most stakeholders expressed support. As the Travel Rule takes effect, Thailand is also considering expanding access to regulated crypto products. On Monday, the SEC proposed allowing intermediaries to offer specific crypto derivatives traded on regulated overseas exchanges to retail investors. In the days prior, regulators advanced draft rules for spot Bitcoin and Ethereum exchange-traded funds (ETFs) and also sought public comments on requirements for foreign digital asset custodians used by funds investing in crypto assets. Thailand’s move aligns with global regulatory trends; according to the Financial Action Task Force (FATF), as of 2026, 83% of surveyed jurisdictions have enacted legislation implementing the Travel Rule.
Thailand Enforces the Crypto Travel Rule for Self-Custody Wallets
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Summary
Thailand’s crypto regulation now includes a travel rule for self-custody wallets, according to the SEC. Digital asset news reports that operators must verify wallet ownership for transactions and retain records for five years. The rule aims to mitigate risks of money laundering and terrorist financing. Following two public consultations, the rule was finalized in June with broad support. This move aligns with efforts to expand retail access to regulated crypto products, including derivatives and ETFs. The SEC has also proposed rules for foreign custodians handling crypto funds.
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