The Bank of Thailand is tightening regulations on online gold trading, considering a trading limit of 100 million baht per day. This is expected to take effect on January 20, 69.

The committee is linking financial data to upgrade the Data Bureau system. It is expected that by January 20, 69, the Bank of Thailand will begin tightening regulations on online gold trading, requiring platform owners to report data and setting a trading limit of no more than 100 million baht per person per day for retail traders. This aims to close loopholes in money laundering and manage the baht exchange rate.

9 Jan 2569 Dr. Ekniti Nitithanpraphat, Deputy Prime Minister and Minister of Finance Following the first meeting of the Sub-committee on Financial Data Linkage to Enhance the Monitoring of Suspicious Financial Transactions (Sub-committee) in 2026, it was revealed that the meeting had agreed on a plan to improve regulatory oversight and link data currently not regulated by any single agency. This includes particularly concerning gold trading transactions without actual delivery and transactions related to digital assets, as well as monitoring behavior and verifying the identity of those buying, selling, and investing.

The establishment of this database system will link data from all relevant agencies in one place to address money laundering and illicit funds, including transactions involving gold trading, digital assets, e-wallets, foreign currency, and cash, without the need to create a new agency. Instead, it will utilize an Open API system. It is confident that once implemented, this will solve Thailand's problem of being a haven for money laundering, transforming it into a hellhole for it.

Mr. Lawan Saengsanit, Permanent Secretary of the Ministry of Finance It was stated that there have been regulatory gaps between gold and digital asset transactions in the past, as Thailand had relaxed import regulations for gold to support the domestic gem and jewelry industry. However, stricter regulations will be implemented going forward, with the Revenue Department tightening controls on gold trading transactions that do not involve actual delivery. Owners of online platforms will be required to maintain special accounting records and report gold trading data to the Revenue Department. In the meantime, the Revenue Department will conduct on-site inspections of large gold shops with their own platforms to verify daily transactions and trading volumes.

Furthermore, the Revenue Department is considering imposing a specific business tax on gold trading on online platforms. However, this matter falls under the authority of the Cabinet, which must consider whether it can be implemented as a caretaker government. Meanwhile, the Customs Department has been instructed to study the feasibility of collecting import taxes on gold, examining its advantages and disadvantages before proceeding, and comparing it to practices in other countries.

side Mr. Vitai Ratanakorn, Governor of the Bank of Thailand (BOT) The Bank of Thailand (BOT) stated that it will increase its supervision of gold transactions that affect exchange rates. Currently, it is awaiting amendments to a Ministry of Finance regulation to grant the BOT greater authority to regulate this. This is expected to take effect after January 20, 69. The amendments will allow the BOT to more strictly regulate gold trading, particularly requiring platform owners to report gold trading data. At the same time, the BOT will consider setting a maximum trading limit for gold, such as prohibiting individuals from trading more than 100 million baht per day.

Regarding the management of other types of assets, such as cash, regulations have been issued requiring those bringing in more than US$200,000 from abroad to explain the source of the money and the purpose for which it will be used. Meanwhile, foreign exchange shops are limited to a maximum exchange limit of 800,000 baht per person per day, and e-wallet service providers must set appropriate maximum exchange limits for each service.

Dr. Pornanong Busaratrakul, Secretary-General of the Securities and Exchange Commission (SEC). It was stated that, regarding the regulation of digital assets, cooperation is being sought from the Anti-Money Laundering Office (AMLO) to oversee the flow of digital assets and accounts that the SEC (Securities and Exchange Commission) cannot yet regulate. This will require linking these accounts with travel rules to trace the origin of the funds. A clearer picture is expected by the first quarter of 2569.

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