Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Thailand's Prime Minister has ordered tighter regulations on gold trading and digital assets to combat illicit funds
Svmuu News: According to a report by The Nation Thailand, Thai Prime Minister Anutin Charnvirakul has officially launched a comprehensive crackdown on gray money and illicit financial flows, ordering tighter regulations on gold trading and digital assets. In the digital asset sector, the government will strictly enforce the Travel Rule, requiring the identification of both the sender and recipient in all wallet-to-wallet transfers to eliminate anonymity. Additionally, Thailand will establish a national Data Bureau to centrally manage financial data, enabling regulators to track suspicious transactions in real time. Currently, the Thai government is directing the Anti-Money Laundering Office (AMLO) to lower the reporting threshold for gold transactions from 2 million baht and is exploring the imposition of a special business tax on online gold trading.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
Recommended Reading


