Thailand to Enforce Crypto Travel Rule in 2027 With Stricter Transfer Checks

• Thai crypto operators will have to verify receiving parties before processing transfers.
• They also must retain all transaction records for five years for regulatory purposes.
• Self-custody transfers will require proof of wallet ownership under new rules.

Thailand will be tightening its rules on crypto transfers starting from February 27, 2027. After that date, crypto operators in Thailand will have to verify who’s on the receiving end of every transfer before they can process it.

The new rule, known as the “Travel Rule for Digital Assets”, requires exchanges and other VASPs to attach sender and receiver info to each transaction, making crypto transfers look a lot more like traditional bank wires when it comes to compliance.

Additionally, Thailand’s SEC says crypto operators must keep records for every transaction for five years so regulators can access and ch…

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