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This Week in Crypto Asia: Thailand Will Block Access To Bybit, OKX, CoinEx

  • Thailand's SEC is set to block access to Bybit, OKX, CoinEx, 1000X, and XT.COM starting 28 June 2025 due to operating without a necessary license.
  • Legal action to be taken against these unlicensed exchanges, with stricter penalties for cybercrime via digital asset accounts announced by the Thai SEC.
  • SEC aims to protect investors, prevent fraud, and has submitted platform information to the Ministry of Digital Affairs for access blocking from 28 June 2025.
  • Royal Decree on the Prevention and Suppression of Technological Crime grants Thai authorities powers to block websites offering services to Thai users, targeting foreign crypto exchanges with questionable licenses.

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