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Thailand blocks Bitget
Thailand's Securities and Exchange Commission has set a December 5 deadline to block access to Bitget, citing alleged unlicensed exchange operations. Users have until then to consider action on their holdings. The regulator has asked customers to review their assets before the restriction takes effect, but has not specified any asset freeze or compulsory sale.
Thailand's Securities and Exchange Commission has announced that it will block access to Bitget, a cryptocurrency exchange, on December 5, 2026, due to alleged unlicensed exchange operations.
The regulator has identified BG Limited as Bitget's platform provider and alleged that the exchange charged trading fees and targeted Thai users during 2022-2025. A criminal complaint has been filed, and the Ministry of Digital Economy and Society has been notified to block Bitget's website, domains, and application.
Bitget has stated that it is reviewing the SEC announcement and evaluating options for engaging with the regulator. The exchange has promised guidance on service-access changes through official channels and assured users that their assets remain safe.
The SEC has asked customers to consider their holdings before the access block takes effect, but has not specified any asset freeze or compulsory sale. Current account access and withdrawal availability for customers in Thailand have not been established.
Bitget's own eligibility rules already restrict service use in Thailand, and the exchange has announced the completion of its global phased restoration of withdrawals, fiat, and customer-to-customer services after a September security incident.
Source: cryptoslate.com
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