Thailand: Securities and Exchange Commission investigation into XT for allegedly operating digital asset exchange business without license
Progress
Current status
under deliberation
21 Mar 2025 under deliberation
Scope
Implementers
Thailand
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Securities and Exchange Commission filed criminal complaint against XT for operating digital asset exchange business without license
On 21 March 2025, the Securities and Exchange Commission (SEC) filed a criminal complaint against XT.com with the Economic Crimes Suppression Division for operating a digital asset exchange business without a licence. Under the Emergency Decree on D…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
other regulatory body