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Thailand to block Bitget crypto exchange Dec 5 over unlicensed trading allegations

Market News
05 Nov 2026, 14:31 WIB
Crypto news
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Bearish
Thailand to block Bitget crypto exchange Dec 5 over unlicensed trading allegations

Thailand's Securities and Exchange Commission has filed a criminal complaint against BG Limited, operator of Bitget, for unlicensed cryptocurrency trading from 2022 to 2025. Authorities will block access to Bitget's website, domains, and app starting December 5, 2026, advising users to secure their assets before then. The complaint also names an individual accused of promoting Bitget's services illegally. The case is under investigation by the Economic Crime Suppression Division, with potential prosecution pending. Bitget's plan to acquire a licensed Thai exchange remains separate and requires regulatory approval.

Bitget faces a December 5 block in Thailand. For readers following cryptocurrency, here is Pluang's market snapshot as of Nov 05, 2026 19:22 WIB: 37 of 50 major cryptocurrencies rose today, 11 fell. ATOM rose 5.82% to Rp27.472, BCH rose 5.42% to Rp5.252.842, and ALGO rose 4.78% to Rp1.820, with strong buy activity on ATOM and ALGO.

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