Description

Securities and Exchange Commission Board ordered KuCoin Thailand to rectify capital maintenance deficiency

On 5 February 2026, the Securities and Exchange Commission Board of Thailand resolved, under Section 35(1) of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), to order ERX Co., Ltd. (operating as KuCoin Thailand) to rectify its cap…

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

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2026-01-03
under investigation

On 3 January 2026, the Securities and Exchange Commission of Thailand (SEC) announced that ERX Co.,…

2026-02-05
under investigation

On 5 February 2026, the Securities and Exchange Commission Board of Thailand resolved, under Sectio…

2026-02-16
under investigation

On 16 February 2026, the Securities and Exchange Commission Board of Thailand (SEC) issued an order…