Thailand’s Securities and Exchange Commission (SEC) has proposed tighter funding rules for cryptocurrency companies, aiming to prevent money laundering and technology-related financial crimes. The new rules expand oversight to include financiers behind major shareholders, whether direct or indirect, requiring them to obtain regulatory approval.
Broader Definition of Funding
The SEC clarified that “significant funding” includes guarantors, contractual arrangements, or investments in instruments that give a supporter the status or role of a funder to major shareholders. This applies not only to direct contributions but also to indirect backing via share acquisitions, including entities that hold shares in crypto firms.
Government Entities and Public Consultation
Government-related shareholders such as ministries, departments, public organizations, or other agencies will be reviewed only at the entity level since they are already under official oversight. The proposed measures are open for public consultation until April 22, 2026, allowing stakeholders to provide feedback before implementation.
Context and Enforcement
The proposal follows Thailand’s intensified efforts against financial crimes. In January 2026, authorities launched a “gray money” campaign targeting both physical and digital markets. As part of anti-money laundering measures, local crypto platforms froze 10,000 accounts, demonstrating stronger enforcement and regulatory oversight in the country’s digital asset sector.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.