Thailand restricted crypto-payment facilitation from April 2022

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Archive note: This article concerns rules effective from 1 April 2022.

Thailand's Securities and Exchange Commission prohibited regulated digital-asset business operators from providing services that supported or promoted the use of digital assets to pay for goods and services. Existing operators were given a transition period to comply.

The measure was not a blanket ban on owning or trading cryptocurrency. It focused on services supplied by regulated operators to facilitate crypto payments, reflecting concerns about volatility, cyber risk, money laundering and payment-system stability.

Primary source: Thai SEC notice on payment facilitation rules.

This dated policy archive is not legal or financial advice.

Location: Thailand

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