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Thai Digital Asset Operators Trade Association (TDO)

สมาคมการค้าผู้ประกอบธุรกิจสินทรัพย์ดิจิทัลไทย

Trade association of Thai digital asset business operators

ThailandAssociation

About

The Thai Digital Asset Operators Trade Association (TDO) is a trade association of licensed digital asset businesses in Thailand. Eight firms founded it on 23 March 2021: Upbit Exchange (Thailand), Zipmex (Thailand), Satang Corporation, ERX, SE Digital, Coins TH, Bitazza and GMO-Z.com Cryptonomics (Thailand). Membership is open to licensed digital asset operators and token offering portals.

TDO says it aims to support the industry's growth while complying with rules set by the Thai SEC and other authorities, and to provide a channel for dialogue with regulators. It also runs training, including a Digital Asset for Operators course launched in 2025 with funding from the Capital Market Development Fund, covering governance, AML, cybersecurity and tax.

Much of its policy work is on AML and scam prevention. It has run workshops with the SEC and police on screening mule accounts, and in 2024 the SEC directed operators to follow TDO best practice on detecting suspicious accounts and KYC. In March 2026 it took part in the Anti-Money Laundering Office's consultation on AML guidelines for digital asset businesses. In August 2026 its chair proposed stronger internal controls, ISO 27001 and SOC 2 certification, and proof of reserves to rebuild investor trust.

Policy engagement

Took part in the Anti-Money Laundering Office's March 2026 consultation on AML compliance guidelines for digital asset businesses and token offering portals, contributing industry views on practical standards.

Source: TDO news, Mar 2026

Key actions

  1. Proposed three steps to restore trust in Thai digital asset operators: stronger internal controls, ISO 27001 and SOC 2 certification, and proof of reserves.

    Source

  2. Took part in the Anti-Money Laundering Office's consultation on AML compliance guidelines for digital asset businesses and token offering portals.

    Source

  3. Joined the Royal Thai Police's United Thailand Against Scammers campaign, pledging to support state measures on digital asset user security.

    Source

  4. Launched a Digital Asset for Operators training course, funded by the Capital Market Development Fund, covering governance, AML, cybersecurity and tax.

    Source

  5. Post Today reported that the SEC had directed digital asset businesses to follow TDO best practice on spotting suspicious accounts and KYC.

    Source

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