Bitget faces December 5 block in Thailand over unlicensed crypto trading

Thailand’s Securities and Exchange Commission has filed a criminal complaint against cryptocurrency exchange Bitget’s operator, BG Limited, and announced plans to block access to the platform from December 5 over alleged unlicensed trading activities. Summary Thailand’s SEC has filed a criminal complaint against BG Limited, the operator of Bitget, alleging unlicensed cryptocurrency trading. Authorities plan to block access to Bitget’s website, related domains and mobile application beginning December 5, 2026. The complaint covers activities between 2022 and 2025, including trading services, fees and Thai-language promotions. The regulator separately named Kritsana Kritsananuwat over alleged promotional assistance through Facebook and YouTube. Bitget’s previously announced plan to acquire a licensed Thai exchange remains a separate matter requiring regulatory approval. The Thai SEC confirmed the action in a November 5 announcement, stating that BG Limited had provided cryptocurrency exchange services without the authorization required under the country’s digital asset laws. The regulator has referred the complaint to the Economic Crime Suppression Division for investigation and noti...