Thailand: Securities and Exchange Commission directed KuCoin Thailand to suspend digital asset operations for failure to meet minimum capital requirement
Description
Securities and Exchange Commission directed KuCoin Thailand to suspend digital asset operations for failure to meet minimum capital requirement
On 3 January 2026, the Securities and Exchange Commission of Thailand (SEC) announced that ERX Co., Ltd., operating under the trade name KuCoin Thailand, temporarily suspended all digital asset business operations after failing to maintain the minim…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
Hide details
2026-01-03
under investigation
2026-02-05
under investigation