TechFlow news, January 13 — According to The Nation Thailand, on January 9, Thai Prime Minister Anutin Charnvirakul announced a series of stringent measures targeting "gray money" and illicit financial flows during the "Connection Point" panel meeting. The new policy will significantly lower the mandatory reporting threshold for physical gold purchases from the current 2 million THB to prevent money launderers from evading oversight through "structuring" large transactions.
Meanwhile, Thailand’s revenue department will consider imposing a "specific business tax" on online gold trading platforms that do not involve physical delivery, and require service providers to maintain rigorous accounting records for national audits. In the digital asset sector, the Securities and Exchange Commission has been directed to strictly enforce the "travel rule," requiring all digital asset providers to identify the identities of both senders and receivers in wallet-to-wallet transfers.
Anutin stated, “We are addressing not only modern digital threats but also combating 'analog' financial crimes. As traditional criminal methods continue evolving, we must act as a unified force to protect public interest and the integrity of the financial system.” Additionally, the government plans to establish a National Data Bureau as a centralized hub to track suspicious transactions in real time and develop risk profiles for financial activities.
