Thailand’s Securities and Exchange Commission (SEC) announced that access to the Bitget cryptocurrency exchange will be blocked from December 5, 2026 for users located in the country. The regulator issued the notice on November 5, 2026 after filing a criminal complaint alleging that Bitget operated without a license.
Details of the SEC action
The SEC said it has asked the Ministry of Digital Economy and Society to block the Bitget domain, related domains and the mobile application for traffic originating in Thailand. The complaint identifies BG Limited as the platform provider and claims the exchange charged trading fees and targeted Thai users between 2022 and 2025 through a Thai‑language website, baht‑denominated pricing and local promotions. An individual, Kritsana Kritsananuwat, is also named for allegedly promoting the service on social media.
Impact on Thai users
The regulator’s notice does not impose an asset freeze, compulsory sale or automatic withdrawal block. Instead, it advises users to consider how to handle any assets held on Bitget before the access restriction takes effect. Current availability of account access and withdrawals for Thai customers has not been confirmed.
Bitget’s existing policy
Bitget’s terms of service, updated on November 4, 2026, already list Thailand among prohibited jurisdictions and classify residents as restricted persons. The terms state that external‑wallet withdrawals are conditional on sufficient balances, the absence of holds, and compliance with applicable law. The exchange may withhold or suspend withdrawals if legal restrictions apply or during platform incidents.
Company response
A Bitget spokesperson said the firm is reviewing the SEC announcement and evaluating options for engagement with the regulator. The spokesperson assured that user assets remain safe and promised to provide guidance on service‑access changes through official channels. Earlier, on October 2, 2026, Bitget announced the completion of a global phased restoration of withdrawals and other services following a September security incident, but that update did not address the situation in Thailand.
Regulatory guidance
The SEC directed investors to its website and the SEC Check First application to verify whether digital‑asset operators are licensed in Thailand.
