Thailand enacted a royal decree in 2025 that authorizes government access blocks on unlicensed digital asset trading platforms

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The Bank of Russia capped non-qualified retail investors' cryptocurrency purchases at 300,000 rubles per year per intermediary across exchange and over-the-counter markets

Russia expanded cryptocurrency access under increasing pressure from Western financial sanctions that restricted the country's access to traditional international finance

In mid-2025, the Thailand SEC referred unlicensed crypto exchange platforms including Bybit and OKX to the Ministry of Digital Economy and Society for a June 28 access cutoff

Thailand's Securities and Exchange Commission filed a criminal complaint against BG Limited, the operator of cryptocurrency exchange Bitget, alleging unlicensed digital-asset exchange operations for Thai users from 2022 to 2025

Thailand has expanded its regulated digital asset offerings into derivatives and capital markets

The Bank of Russia officially approved Bitcoin, Ethereum, and Tether (USDT) for public trading by non-qualified retail investors starting November 17, 2026

Thailand's SEC alleged Bitget solicited Thai users through social channels including 'Bitget Thailand' on X, 'BGB Thai Holder' on Telegram, and 'bitgetthailand' on TikTok from 2022 through 2025

A number of traditional and fintech entities registered with the Bank of Russia as cryptocurrency service providers are subject to sanctions

The Thailand SEC submitted Bitget's website, domains, and mobile application to the Ministry of Digital Economy and Society to block public access to the platform starting December 5, 2026

Following the central bank's authorization of crypto derivatives in spring 2025, Russian President Vladimir Putin signed legislation on August 4, 2026, establishing a comprehensive cryptocurrency framework that took effect September 1, 2026

The Thailand SEC alleged Bitget violated Section 26 of the Emergency Decree on Digital Asset Businesses B.E. 2561 by operating a trading system without a license, charging fees, and displaying values in Thai baht

Approximately two dozen organizations registered with the Bank of Russia as crypto trading and custodial service providers, including Sberbank, which received specific central bank authorization in October 2026

The Bank of Russia published draft cryptocurrency regulations on August 11, 2026, designating Bitcoin, Ethereum, and Tether as eligible for public trading

Bitget updated its terms of use in October 2026 to list Thailand among the jurisdictions where its cryptocurrency trading services are prohibited

The Thailand SEC lodged a criminal complaint naming Kritsana Kritsananuwat as an alleged supporter who promoted Bitget through Facebook and YouTube channels

Russian regulations require all investors to review investment risks and pass a mandatory assessment test before trading cryptocurrencies, while exempting qualified investors from annual purchase limits

The Bank of Russia selected Bitcoin, Ethereum, and Tether based on criteria requiring five years of international price history, a two-year average capitalization exceeding 5 trillion rubles, and a two-year average daily trading volume above 1 trillion rubles

Russian federal law maintains a complete prohibition on using cryptocurrencies as a payment method for purchasing goods and services

Russia's digital currency law introduced a licensing regime for cryptocurrency exchanges and digital depositories, requiring all legal transactions to be processed by central bank-authorized platforms

The Bank of Russia established a prohibition on direct peer-to-peer cryptocurrency trading taking effect July 1, 2027, and banned asset transfers from regulated digital accounts to self-custody wallets