Thailand’s Securities and Exchange Commission has issued a crypto Travel Rule requiring supervised digital-asset operators to collect and transmit originator and beneficiary information on coin transfers from 27 February 2027, following a 180-day implementation period after publication in the Royal Gazette. The regulator announced the rule on 2 September, with an associated notification dated 25 August, giving operators time to build systems for exchanging transfer data, screening transactions, and obtaining required customer information. Customers must identify recipients even on transfers of 30,000 baht or less; above that threshold they must also supply the recipient’s province or city and country, plus a registration number when the recipient is a legal entity. Sending operators must pass originator and beneficiary data to receiving operators, verify counterparty qualifications along the transfer route, and retain transfer records for at least five years. On inflows from self-hosted wallets, platforms must collect sender information and, for amounts above 30,000 baht, confirm the user owns or controls the wallet; the rule does not apply to order-book trades or Thai baht withdrawals. The framework, developed with the Anti-Money Laundering Office after 2026 consultations, aims to curb money-laundering and terrorism-financing risks in line with FATF Recommendation 16, while most routine transfers should proceed normally when data are complete.