Thailand to Block Bitget on Dec. 5 Over Unlicensed Crypto Trading
Thailand’s Securities and Exchange Commission has asked the Ministry of Digital Economy and Society to block access to cryptocurrency exchange Bitget on Dec. 5. The restriction is expected to cover Bitget’s website, associated domains and mobile app, following allegations that its operator, BG Limited, provided crypto trading services in Thailand without the required license.
The SEC said Bitget offered crypto trading services between 2022 and 2025, charged trading fees and marketed the platform through Thai-language websites and social media channels. Regulators have advised users to review and act on assets held on the platform before the access deadline. Thailand introduced the blocking powers through a 2025 decree intended to protect investors and combat financial crime involving unlicensed digital asset businesses.
The SEC filed a criminal complaint with Thailand’s Economic Crime Suppression Division, which will investigate the alleged violations. Prosecutors will decide whether to bring charges, while courts will determine any criminal liability. Bitget did not immediately respond to a request for comment.
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