“While many countries are adopting the Travel Rule, the exact design varies widely across jurisdictions. The initiative aims to ensure that digital asset operators maintain sufficient data to support transaction monitoring and risk management, particularly in relation to money laundering. Digital asset businesses would also be required to establish risk management measures related to both sending and receiving digital asset transfers in accordance with regulatory requirements. Preventive measuresPornanong Budsaratragoon, secretary-general of the SEC, said the proposed framework will enable digital asset operators to access data that is crucial for identifying suspicious transactions and preventing digital assets from being used in cybercrimes. “The approach focuses on preventive supervision, aiming to reduce risks before damage occurs by raising regulatory standards for digital asset businesses,” said Mrs Pornanong.

Source: Bangkok Post March 12, 2026 06:51 UTC