Thailand Intensifies Crackdown on Grey Money Through Gold and Crypto Regulations

Thailand's government has launched a comprehensive campaign to curb grey money flows, targeting gold, cash, and digital assets. New regulations slash reporting thresholds for gold transactions and impose stricter oversight on crypto firms, including enhanced Travel Rule compliance. A centralized Data Bureau will aggregate financial data across sectors to close loopholes exploited by illicit networks.

The initiative reflects a coordinated push to unify enforcement efforts across gold markets, foreign exchange, and crypto trading platforms. By linking previously siloed databases, authorities aim to trace grey money—funds moving through legal channels but tied to illegal origins—with greater precision.

Crypto exchanges operating in Thailand now face heightened scrutiny as regulators prioritize cross-market transparency. While the measures may increase compliance burdens, they signal institutional recognition of digital assets' role in modern financial systems—a step toward mainstream integration despite short-term friction.