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Thailand SEC Cracks Down: Bybit, OKX, CoinEx and Two Others Face Blockade

Thailand SEC Cracks Down: Bybit, OKX, CoinEx and Two Others Face Blockade

Published:
2025-05-30 16:30:00
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Regulators flip the kill switch on five crypto platforms—because nothing says ’financial security’ like blanket bans.

Thailand’s Securities and Exchange Commission just went full bouncer-mode, barring Bybit, OKX, CoinEx and two unnamed exchanges from operating in the kingdom. No warnings, no grace periods—just a regulatory hammer drop.

Local traders scrambling to move funds? Classic. Another day, another government treating crypto like a rogue AI rather than the $2.3 trillion asset class it is. Maybe next they’ll ’protect’ investors by banning the internet.

The Thailand SEC has announced that it will block five crypto trading platforms starting June 28. These include Bybit, 1000X, CoinEx, OKX, and XT.COM. The reason? These exchanges were offering their services in Thailand without a proper license... Read More

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