Thailand's SEC Is Going After Unlicensed Crypto Exchanges, and It Is Not Slowing Down
Thailand's SEC blocked Bybit, OKX, CoinEx, 1000X, and XT.com in 2025, then escalated in early 2026 with criminal complaints against a licensed local broker and its overseas platform. The message to offshore crypto operators is clear: serve Thai users without a license and face real consequences.
APAC Intelligence4 min read