Thailand to Block Bitget Over Unlicensed Crypto Trading
The regulator says Bitget served Thai customers without authorization and warned users to move assets before access is blocked on Dec. 5.
- On Thursday, the Thailand SEC filed a criminal complaint against Bitget for allegedly providing cryptocurrency exchange services without a license, ordering the Ministry of Digital Economy and Society to block access starting Dec 5.
- Investigators identified unauthorized trading activity between 2022 and 2025, during which Bitget allegedly charged trading fees and promoted services to Thai customers through channels including the 'Bitget Thailand' X account.
- The SEC also named Kritsana Kritsananuwat for allegedly promoting the exchange on Facebook and YouTube; Bitget's October plan to acquire GMO-Z Cryptonomics remains pending regulatory approval.
- Customers holding assets on the platform have been advised to review their accounts before the Dec 5 deadline, as the Economic Crime Suppression Division investigates the allegations.
- Thailand previously blocked unlicensed exchanges including Bybit, OKX, and CoinEx under the 2025 Royal Decree on Measures for Preventing and Suppressing Technology-Related Crimes, reinforcing the regulator's enforcement pattern.
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14 Articles
Bitget Thailand faces website and app block in December 2026
Thailand’s securities regulator has taken action in the Bitget Thailand case, combining a criminal complaint with a planned access block starting Dec. 5. The Securities and Exchange Commission said BG Limited, identified as Bitget’s operator, allegedly provided crypto trading services without a required license. The regulator also said the restriction will apply to the exchange’s… The post Bitget Thailand faces website and app block in December …
Thailand To Block Bitget On December 5 Over Unlicensed Trading
Thailand's securities regulator has taken legal action against Bitget over alleged unauthorized cryptocurrency trading between 2022 and 2025. Authorities plan to restrict access to the exchange from December 5, 2026, while users are advised to review their holdings. The action follows Bitget's announcement of plans to acquire a licensed Thai exchange.
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