Thailand Bans Unlicensed Crypto Exchanges: Access Restrictions Set for June 28th

Thailand’s Securities and Exchange Commission (SEC) is taking a decisive stance against unlicensed cryptocurrency exchanges operating within the country. As of June 28, 2025, platforms such as OKX, Bybit, CoinEx, 1000X, and XT.com will be blocked, according to the SEC’s latest statement. The agency has filed a complaint with the Economic Crimes Division for violating the Digital Asset Business Law, also requesting the Ministry of Digital Affairs to implement access restrictions on these platforms.