Thailand to block Bitget access from Dec. 5 after SEC complaint

Thailand’s securities regulator will block access to Bitget starting Dec. 5 after filing a complaint against the exchange, escalating a compliance dispute in one of Southeast Asia’s more active crypto markets. The move follows the SEC’s finding that Bitget operated without proper authorization, and it puts the platform’s Thai user base at risk of losing local access. The action underscores how regulators are tightening oversight of offshore exchanges, with licensing status now a key factor in market access. Traders should watch whether Bitget pursues a Thai license or local partnership, and whether other exchanges face similar restrictions.