Thailand to Block Bitget From December 5 After Unlicensed Trading Complaint
Direct answer
Thailand will block access to the crypto exchange Bitget from December 5, 2026. Its regulator, the Securities and Exchange Commission of Thailand, filed a criminal complaint saying Bitget ran a crypto exchange in Thailand without a licence. If you hold crypto on Bitget and you are in Thailand, you should plan what to do with your assets before that date.
What happened
On November 5, 2026, Thailand’s Securities and Exchange Commission, known as the SEC, filed a criminal complaint with the Economic Crime Suppression Division against BG Limited, the company behind Bitget. The complaint also names one person accused of helping to promote the platform.
The SEC said Bitget offered crypto trading to people in Thailand from 2022 to 2025 without the required licence. It said Bitget charged trading fees and sought Thai customers through a Thai language website that showed prices in baht, the Thai currency.
The SEC also asked the Ministry of Digital Economy and Society to block Bitget’s website and app, and it said access will be blocked from December 5, 2026. The regulator urged people using Bitget to think about what to do with their assets on the platform before the block takes effect.
Bitget said it is reviewing the announcement and that user assets remain safe. A criminal complaint is an allegation, not a finding of guilt. Prosecutors will decide whether to bring charges.
Bitget is also trying to enter Thailand through a licensed route. It is seeking approval to buy GMO-Z, a licensed Thai exchange, and the seller moved the share transfer date from October 31 to November 30. The SEC has not said whether the complaint will affect that deal.
Why it matters for beginners
This is a reminder that crypto exchanges are not the same everywhere. A platform that works in one country can be blocked in another if the local regulator says it lacks a licence. Thailand has taken similar action before against other offshore exchanges, including Bybit and OKX.
If you use a crypto exchange, three simple checks help. First, check whether the platform is licensed where you live. Second, keep only what you need on an exchange and know how to move your assets. Third, watch for official notices from the regulator, not just posts on social media.
This story is also part of a wider crackdown. Just this week, the United States cut the crypto exchange MEXC off from American banks over alleged illicit flows. Regulators around the world are tightening the rules for crypto platforms.
What to watch next
Watch December 5, when Thailand plans to block access to Bitget’s website and app. Watch November 30, the new date for the GMO-Z share transfer, which could give Bitget a licensed way into Thailand. And watch whether prosecutors decide to bring charges after the SEC complaint.
FAQ
Is Bitget shut down everywhere?
No. This action is about Thailand. Thailand’s regulator wants Bitget blocked inside Thailand from December 5, 2026, because it says the exchange operated there without a licence.
What should Bitget users in Thailand do?
Thailand’s SEC advised users to consider what to do with assets held on the platform before December 5. Bitget said user assets remain safe, but access from Thailand is set to be blocked on that date.
Does the complaint mean Bitget broke the law?
Not yet. A criminal complaint is an allegation. Prosecutors will look at the evidence and decide whether to bring charges. No court has found Bitget guilty.
Has Thailand done this before?
Yes. Thailand has taken similar action against other offshore exchanges, including Bybit and OKX, as part of its crackdown on unlicensed crypto trading.
Sources
Thailand Securities and Exchange Commission, “SEC files criminal complaint against BG Limited and one alleged supporter for operating an unlicensed digital asset exchange business, and notifies access blocking effective 5 December 2026,” November 5, 2026. https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=13530&NewsNo=241&NewsYear=2026&Lang=EN
CoinDesk, “Thailand Moves to Block Bitget From December 5 Over Alleged Unlicensed Crypto Trading,” November 6, 2026. https://www.tradingview.com/news/bloomingbit:dbf125ff0094b:0-thailand-sec-files-criminal-complaint-against-bitget-over-unlicensed-exchange-operations-to-block-access-from-dec-5/
This article is for general information and education only. It is not legal or financial advice.
