Thailand's SEC Takes Regulatory Action Against Three Crypto Platforms
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AI-assisted source synthesis · not an independent investigation.
On November 9, 2026, Fintech News Singapore reported that Thailand's Securities and Exchange Commission (SEC) had taken regulatory action against Bitget, VCEX, and Coins TH over unlicensed operations and compliance issues. The SEC has filed a criminal complaint against Bitget, and the relevant authorities plan to block access to it starting December 5, 2026. Access restrictions on VCEX are scheduled to take effect on November 7, 2026. Coins TH must address issues involving governance, systems, and financial reporting by December 8, 2026, and submit and publish its 2024 and 2025 financial statements. Available reports do not say whether the restrictions have actually been implemented, nor do they provide an update on Coins TH's remediation progress.
AI-written from reports · updated 7 hours ago
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- Fintech News SingaporeThailand SEC Takes Regulatory Action Against Bitget, VCEX, and Coins TH
Thailand SEC has taken action against Bitget, VCEX, and Coins TH over unlicensed operations and compliance issues. The regulator has filed a criminal complaint against Bitget, and relevant agencies plan to block access to it starting December 5, 2026; access restrictions on VCEX are scheduled to take effect on November 7, 2026. Coins TH must address issues with governance, systems, and financial reporting by December 8, 2026, and submit and publish its 2024 and 2025 financial statements.
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