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Thailand mandates exchanges to verify all self-custody wallet transactions and retain records for five years "Regulated crypto businesses must collect information about senders and recipients, transmit that information with transfers, conduct due diligence on other service providers, and retain transaction records for at least five years." "If you have...

31,310 görüntüleme • 19 gün önce •via X (Twitter)

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Ken.FreedomMaxi profil fotoğrafı
Ken.FreedomMaxi17 gün önce

At first they were all about attracting tourism and crypto capital inflows (0% tax) and now, .. wait for it .. enshitification. Don't ever trust govts, other than to reliably slowly encouch on your rights.

Fred profil fotoğrafı
Fred18 gün önce

Same in Europe since 1.7.26 and MICA full force application. They call that "travel rule".

Bitcoin Context profil fotoğrafı
Bitcoin Context19 gün önce

The new Thai Travel Rule places the compliance burden on licensed intermediaries rather than on the self-hosted wallet itself, verifying ownership only when funds cross a regulated platform . Operators must retain transaction records for at least five years, with the rule taking effect on February 27, 2027 after most stakeholders supported the framework . This aligns Thailand's crypto market with broader global AML standards as regulators push to track the parties behind digital asset transfers.

Macro Bombastic profil fotoğrafı
Macro Bombastic19 gün önce

yeah this kills the whole point of self custody tbh

J profil fotoğrafı
J19 gün önce

It kills Scott that XRP is ripping 👈💪💥 he gives love to everything else but XRP. Good thing XRP don’t need Scott 😎

El Crypto profil fotoğrafı
El Crypto19 gün önce

This is the offramp getting stricter, not self-custody getting banned. The chain stays open. The licensed exchange in Thailand now has to attach a name and keep five years of records when a self-hosted wallet touches their books. That is paperwork at the door, not a lock on your keys. If you cash out through a regulated venue, assume they will ask who you are. That is the part to plan for. The headline is a reminder that the permissionless part is the wallet, not the bank window.

ViOlet profil fotoğrafı
ViOlet19 gün önce

thats a total nonstarter

The Crypto Compass profil fotoğrafı
The Crypto Compass19 gün önce

Self custody was supposed to be the part regulators couldn't reach. Watching that assumption get chipped away country by country is the real story here, not any single rule.

Occo profil fotoğrafı
Occo19 gün önce

good luck enforcing that

(Coach K) profil fotoğrafı
(Coach K)19 gün önce

A good initiative

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