Thailand’s Securities and Exchange Commission, the regulator for securities and digital assets in Thailand, is proposing the Travel Rule to require cryptocurrency firms to collect and share sender and recipient data for each transfer to curb money laundering and cybercrime.
The proposal would require digital asset service providers to transmit identifying information for both originators and beneficiaries at the time of transfer.
Firms would also need to implement risk management policies and keep transaction and identity records for at least five years.
The SEC said the rules follow a January 2026 resolution with the Anti‑Money Laundering Office and aim to align Thailand’s framework with international AML standards.
Pornanong Budsaratragoon, the SEC secretary‑general, said the measures will help detect misuse of digital assets and increase the efficiency of asset recovery.
Operators must have procedures to handle incoming transfers that lack the required Travel Rule information, including potential rejection or freezing of funds.
🔗 Source: Nation Thailand
Originally written by: Aiko Gao Ishida
Source: Tech in Asia
Published on: 16 March 2026
Link to original article: Thailand SEC eyes Travel Rule, tighter crypto ID checks
