Thailand SEC moves to block Bitget over unlicensed trading
6.8 Regulation Thailand's SEC filed a criminal complaint against Bitget for unlicensed crypto trading. Access to Bitget will be blocked from December 5, 2026. The case is under further investigation.
Thailand's Securities and Exchange Commission (SEC) has filed a criminal complaint against BG Limited, the operator of the Bitget cryptocurrency exchange. The SEC alleges that Bitget provided digital asset trading and exchange services in Thailand from 2022 to 2025 without the required license. According to the SEC, Bitget facilitated trading, charged user fees, operated a Thai-language website with baht-equivalent pricing, and promoted its services through Thai-language social media. These actions were found to violate Thailand's digital asset business licensing requirements under the Emergency Decree. The SEC has requested the Ministry of Digital Economy and Society to block access to Bitget's website, related domains, and mobile app starting December 5, 2026. Investors have been advised to manage their assets before the block takes effect. The case has been referred to the Economic Crime Suppression Division for further investigation, highlighting increased regulatory scrutiny of unlicensed crypto operations in Thailand.
