Thailand Cracks Down on Unlicensed Crypto Exchanges—OKX, Bybit in Crosshairs

BTCC / BTCC Square / Coindesk /

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2025-05-30 06:52:04

Thailand to Block OKX, Bybit and Others, Citing Lack of License

Regulators flip the kill switch on platforms operating without approval. Another day, another ’surprise’ enforcement action—just as traders were getting comfortable.

No license? No mercy. Thailand’s financial watchdog pulls no punches with its latest move against offshore exchanges. Guess due diligence wasn’t in their trading strategy.

Bonus jab: Nothing says ’financial sovereignty’ like chasing away innovation while traditional banks still process transactions via fax.

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