Thailand has adopted a crypto Travel Rule requiring digital asset operators to verify that customers control self-custodial wallets. The measure also requires operators to retain transaction data for five years. The policy adds compliance requirements for transfers involving wallets held directly by users, rather than through a service provider. The change is relevant to the country’s digital-asset market and to crypto platforms handling transactions connected with self-custodial addresses. Cointelegraph reported the adoption, which places wallet-control verification and extended record retention at the center of Thailand’s latest crypto compliance framework. The rule applies to digital asset operators, although the supplied information does not specify additional implementation details or penalties. Market participants tracking related crypto assets, including ELF, DATA, ONT, RAVE, ASSET, REQ, RIF and WAL, may monitor how such regulatory measures affect platform procedures and transaction processing.
