Kaliper Lab
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All / Thailand

Thailand

The three verdicts below apply to promoting platforms to people living in Thailand. This is a directional summary, not legal advice.

Crypto exchange

Do not

SEC Notification KorThor 19/2565 (effective 1 Sep 2022) restricts digital-asset advertising to the operator's own official channels, requires risk warnings, requires influencers to disclose who hired them, and requires 10 days' advance notice to the SEC. The 2025 Royal Decrees make marketing targeted at Thai users, Thai-language service or THB acceptance a trigger for requiring a Thai licence. Several major venues have been access-blocked since 28 Jun 2025.

US stock broker

Conditional

No affiliate-specific rule. Keep to disclosure and avoid anything resembling solicitation.

Forex / CFD

Do not

Offshore brokers are unlicensed in Thailand; marketing is blocked through ISP orders.

Payment rails in Thailand →