The government will instruct the Anti-Money Laundering Office (AMLO) to implement measures regulating online virtual gold trading, aiming to prevent its misuse for money laundering, Prime Minister Anutin Charnvirakul said today.
“AMLO will be designated as the central hub for collecting information on online gold and digital asset transactions,” the prime minister told reporters after chairing a meeting with relevant agencies.
He added that the measures could include adjusting the current two-million-baht reporting threshold for gold trades, allowing the Revenue Department to consider taxation on online gold transactions, which are currently tax-free.
The Securities and Exchange Commission (SEC) will also impose regulations on digital asset trading, including the Travel Rule—a global anti-money laundering standard—and will require administrators to systematically compile detailed transaction information.
Anutin expressed confidence that the decisions from today’s meeting would help safeguard the public’s interests and curb online cyber scams.
The meeting was attended by Finance Minister Ekniti Nitithanprapas, Justice Minister Pol Lt-Gen Rutthapon Naowarat, and Digital Economy and Society Minister Chaichanok Chidchob.
