🚫 Thailand announced to Block Access to Bybit, OKX, and Other Crypto Exchanges from June 28
Thailand’s Securities and Exchange Commission (SEC) has announced it will restrict access to five major cryptocurrency exchanges — Bybit, OKX, CoinEx, XT.com and 1000X. The reason: these platforms are operating without a proper license in Thailand.
❗This could possibly influence all of the other crypto exchanges like WhiteBIT, MEXC and many others.
Authorities say the move is designed to combat money laundering and enhance investor protection in the country’s rapidly growing digital asset market.
🧾 What Users Need to Know:
- Withdraw your assets before June 28 if you use one of the affected platforms.
- Check if your provider is licensed by the Thai SEC.
- Stay alert for updates or further enforcement actions.
🔍 Quick Analysis:
This decision underscores Thailand’s push to tighten control over the crypto sector and align with international standards. While not a ban on crypto, it’s a strong signal that regulatory compliance is now a must.
