Thailand targets ‘gray money’ with unified oversight of gold and crypto
Thailand reportedly plans tighter reporting, Travel Rule enforcement and a national data hub to track illicit flows across both traditional and digital assets.
Thailand has launched a campaign against so-called “gray money,” tightening oversight across physical gold markets and digital assets as part of an effort to close money-laundering loopholes, according to local reports.
The push, reportedly ordered by Prime Minister Anutin Charnvirakul, brings traditionally separate asset classes under a single framework to combat illicit finance.
Local media outlet The Nation reported that the initiative targets areas that have been exploited by criminal networks to move and store value outside the banking system. This includes gold bars, online gold platforms and crypto.
