Thailand’s Securities and Exchange Commission (SEC) has officially moved to block access to Bitget’s website and mobile application starting December 5, 2026. The decision stems from Bitget’s failure to secure the necessary licenses to operate a digital asset business within the country. The regulator has filed a formal criminal complaint against the exchange's operator, signaling a zero-tolerance approach toward offshore platforms targeting Thai residents without local authorization.
This enforcement action is part of a broader regulatory sweep by the Thai government to tighten control over the domestic crypto ecosystem. By blocking unlicensed platforms, the SEC aims to mitigate risks associated with money laundering and investor protection. The move follows similar actions taken against other major global exchanges in recent years, reinforcing the requirement for all virtual asset service providers (VASPs) to comply with the Emergency Decree on Digital Asset Businesses.
For crypto traders in Thailand, this block represents a significant shift in market accessibility. Users are advised to withdraw their funds or move their assets to SEC-licensed exchanges before the December 5 deadline to avoid potential loss of access. While Bitget has been a popular choice for high-leverage trading and copy trading, its lack of a local footprint has finally triggered a definitive shutdown by telecommunications providers under SEC orders.
Looking forward, market participants should watch for potential spillover effects on other offshore exchanges currently operating in a regulatory gray area within Thailand. The SEC’s aggressive stance may lead to a further consolidation of liquidity toward fully regulated domestic exchanges like Bitkub or Orbix. As the December 5 deadline approaches, the priority for the Thai crypto community remains the safe transition of assets and the monitoring of further enforcement notices from the Ministry of Digital Economy and Society.