Thailand’s Securities and Exchange Commission has proposed new rules requiring digital asset operators to collect, verify and retain information tied to crypto transfers under its planned Travel Rule framework.
Summary
- Thailand’s SEC has proposed a Travel Rule requiring digital asset operators to collect and verify information tied to crypto transfers.
- Operators would have to verify ownership or control of self-hosted wallets and conduct checks on counterparties and service providers.
- Transaction records would need to be retained for at least five years, with immediate regulatory access required during the first two years.
- The proposal is designed to improve transaction…
