Community Trust ScoreVerified
Thailand’s Securities and Exchange Commission (SEC) has scheduled a block on access to the Bitget website and application for December 5, 2026, urging users in the country to consider actions regarding their assets before the restriction takes effect.
The regulator issued the notice on November 5, 2026, following the filing of a criminal complaint alleging that Bitget conducted unlicensed exchange operations. The SEC stated that it had notified the Ministry of Digital Economy and Society to block bitget.com, other Bitget domains, and the exchange’s mobile application. The scheduled restriction specifically concerns access from within Thailand.
Allegations of Unlicensed Activity
The SEC identified BG Limited as the platform provider for Bitget. According to the complaint, the exchange allegedly charged trading fees and targeted Thai users between 2022 and 2025. The regulator cited specific methods of targeting, including the use of a Thai-language website, displays of values in Thai baht, and Thai-language promotional materials.
The criminal complaint also names Kritsana Kritsananuwat, whom the SEC accused of promoting the exchange through Facebook and YouTube. The regulator emphasized that these allegations are subject to the standard criminal process, which includes investigation by inquiry officials, prosecution by public prosecutors, and adjudication by the courts.
Customer Access and Withdrawal Terms
In its notice, the SEC asked customers to consider their holdings before the access block is implemented. The document does not specify an asset freeze, compulsory sale, or a separate withdrawal cutoff for customers. Instead, it leaves the decision on how to handle assets on the platform to the individual users ahead of the scheduled restriction.
Bitget’s own eligibility rules already restrict service use in Thailand. Terms updated on November 4 list Thailand among prohibited countries and classify residents as restricted persons. These existing policies affect the service conditions customers face before the government-imposed block begins. The terms state that external-wallet withdrawals are conditional on sufficient available balances, assets being free of holds, and meeting other applicable requirements. Bitget may withhold withdrawal processing if applicable law prevents it or during platform incidents.
A Bitget spokesperson told Cointelegraph on November 6 that the exchange was reviewing the SEC announcement and evaluating options for engaging with the regulator. The spokesperson stated that user assets remained safe and promised guidance on service-access changes through official channels. This assurance leaves account-specific withdrawal availability for customers in Thailand unresolved.
Previously, on October 2, 2026, Bitget announced that its global phased restoration of withdrawals, fiat, and customer-to-customer services was complete. This restoration followed a security incident in September. However, that earlier update predates the Thai notice and does not provide confirmation of current service availability for accounts in Thailand.
The SEC directs investors to its website and the SEC Check First application to verify licensed digital asset operators. The next guidance from Bitget is expected to concern changes affecting access to its services.
Frequently Asked Questions
When will Bitget access be blocked in Thailand?
Thailand’s SEC has set December 5, 2026, as the date for blocking access to the Bitget website and app from Thailand.
Did the SEC freeze customer assets on Bitget?
No, the SEC’s notice does not specify an asset freeze, compulsory sale, or separate withdrawal cutoff for customers.
