Thailand's Securities and Exchange Commission (SEC) has issued a digital asset Travel Rule requiring licensed operators to verify self-custodial wallet ownership and collect counterparty data, effective February 27, 2027. The rule aims to enhance transparency in peer-to-peer transactions and aligns Thailand with FATF travel rule standards.
Thailand’s Securities and Exchange Commission (SEC) has rolled out a new digital asset Travel Rule. Licensed digital asset operators must verify who owns self-custodial wallets and gather counterparty transaction data. The rule kicks in on February 27, 2027. It applies to all licensed digital asset operators.
The aim? More daylight for peer-to-peer transfers. Operators will have to do due diligence on self-custodial wallet transactions. And Thailand is now joining the group of countries using the Financial Action Task Force (FATF) Travel Rule, keeping in step with international anti-money laundering standards.
According to CoinDesk, the Thai SEC’s new rule will force institutions to collect and share transaction details tied to self-custodial wallets. The target is simple: better compliance in the digital asset market.
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