Thailand’s Securities and Exchange Commission announced it would ban five cryptocurrency exchanges from operating locally from June 28, 2025. The banned crypto exchanges include Bybit, OKX, 1000X, CoinEx, and XT Crypto.
The move comes as the securities regulator explained that the exchanges offered services to local users on their online websites without the necessary authorization.
Thai Securities Regulator Takes Measures to Combat Money Laundering
Thailand’s Securities and Exchange Commission (SEC) announced that it would ban five cryptocurrency exchanges, including Bybit, 1000X, CoinEx, XT Crypto, and OKX, from operating in the country for the unauthorized offering of services to local users on their websites. According to the announcement, the regulator has asked the Ministry of Digital Economy and Society to block local access to the exchanges from June 28, 2025.
In its announcement, the SEC said it made the decisions citing concerns over money laundering.
We współpracy z: https://cryptodaily.co.uk/2025/05/thailand-set-to-block-5-crypto-exchanges-over-unlicensed-operations
