Thailand orders strict crypto travel rule enforcement to combat gray money

The Thai government has ordered its Securities and Exchange Commission (SEC) to strictly enforce the crypto travel rule to block gray money, defined as funds from unclear sources, according to local media outlet The Nation Thailand. Prime Minister Anutin Charnvirakul has unveiled a new enforcement roadmap to strengthen cryptocurrency regulations. The initiative includes the establishment of a new Data Bureau tasked with integrating national financial data to prevent money laundering.