Thailand Tightens Crypto Regulations Amid Market Expansion

Thailand is intensifying its oversight of the cryptocurrency market by introducing stricter regulations on ownership structures.

The Securities and Exchange Commission is preparing rules that will require firms to disclose hidden financiers, known as major shareholders. These entities provide significant funding support to formal shareholders but often obscure real control within crypto businesses. The new approach will extend accountability beyond visible ownership records.

Regulators believe that these tools allow indirect influence without formal disclosure, which can lead to financial crime risks. To address this issue, the framework will cover guarantees, structured financing, and layered investment arrangements.