Thailand Sets Dec. 5 Bitget Block As Local Exchange Deal Awaits Approval

Thailand’s securities regulator has set Dec. 5 as the date it will block Bitget from serving local users unless the exchange’s acquisition of a licensed Thai platform is approved. Seller GMO Internet has pushed the planned share transfer to Nov. 30 as it works through Thai regulatory procedures. The deal would give Bitget a local license, letting it keep operating in Thailand after the cutoff. The outcome matters because Thailand is tightening enforcement against offshore exchanges, and the deadline leaves little room for approval. Watch for the Nov. 30 transfer and any regulator statement before Dec. 5.