Thailand files criminal complaint against Bitget, plans December access ban

Thailand's Securities and Exchange Commission has filed a criminal complaint against the operator of crypto exchange Bitget, alleging it ran an unlicensed digital asset business. The regulator also plans to block access to the exchange within the country in December. A criminal complaint plus an access ban is a direct enforcement hit against a major exchange in a sizable market, raising regulatory-risk concerns for offshore platforms serving Thai users.