Thailand is cutting off Bitget. Users have until December 5 to prepare

The regulator asks customers to consider action on holdings before the block, while Bitget promises guidance on service access. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Thailand is cutting off Bitget. Users have until December 5 to prepare

Bitget users in Thailand face a December 5, 2026 access block, with the country's Securities and Exchange Commission urging customers to consider action on assets held on the exchange before the restriction takes effect.

Thailand's SEC set out the deadline in its November 5, 2026 notice after filing a criminal complaint over alleged unlicensed exchange operations. It said the Ministry of Digital Economy and Society had been notified to block bitget.com, other Bitget domains and the exchange's application. The scheduled restriction concerns access from Thailand. SEC announcement

The SEC identified BG Limited as Bitget's platform provider. It alleged that the exchange charged trading fees and targeted Thai users during 2022-2025 through a Thai-language website, baht-value displays and Thai-language promotions.

The complaint also names Kritsana Kritsananuwat, whom the SEC accused of helping promote the exchange through Facebook and YouTube. The allegations remain subject to the criminal process. The regulator described investigation by inquiry officials, prosecution by public prosecutors and adjudication by the courts as subsequent steps.

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The SEC has asked customers to consider their holdings before access is blocked. Its notice specifies no asset freeze, compulsory sale or separate withdrawal cutoff, leaving customers to decide how to handle assets on the platform ahead of the scheduled restriction.

Bitget's own eligibility rules already restrict service use in Thailand. Its terms, marked updated November 4, list Thailand among prohibited countries and classify residents there as restricted persons. That existing policy affects the service conditions customers face before the government block begins. Bitget's terms

Originally published by cryptoslate Aggregated for informational purposes. All rights belong to the original publisher.
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