Thailand to block Bitget in December over unlicensed crypto trading

Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5.

Thailand’s securities regulator has filed a criminal complaint against BG Limited, the operator of cryptocurrency exchange Bitget, for allegedly operating without a license.

Thailand’s Securities and Exchange Commission (SEC) said Thursday that it had notified the Ministry of Digital Economy and Society to block access to Bitget from Dec. 5. The restriction will cover Bitget’s website, other associated domains and its mobile app.

The regulator advised users to take action regarding assets held on the platform before the deadline.

Read more