Thailand crypto rules explained: licenses, the Bybit and OKX blocks, and tax
Any crypto exchange, broker or dealer serving people in Thailand needs a Thai SEC license, and since April 2025 offshore platforms with Thai features can be blocked. Bybit, OKX and three others were named for blocking from June 28, 2025. Here is what that means for users, payments and tax.
Kenya's crypto grace period ends November 4: KSh 25 million fines for unlicensed firms
Crypto firms already serving Kenya had one year to get licensed under the new VASP Act, and that year ends Wednesday. From November 4, 2026, a company operating without a license risks a fine of up to KSh 25 million.
Singapore crypto rules explained: who needs a MAS license, and who won't get one
Crypto firms serving customers in Singapore need a license from the Monetary Authority of Singapore, mainly under the Payment Services Act 2019. Since June 30, 2025, Singapore firms that serve only overseas customers also need a license, and MAS says it will generally not grant one.
Code is not a shield: the FCA's draft crypto map covers DeFi, comments due November 18
The UK regulator wants views by November 18, 2026, on draft guidance about when DeFi, stablecoin payments, market making and tech services need a license. Using smart contracts does not settle the question on its own.
UK crypto firms have until February 28 to apply. The FCA says no license is automatic
Every crypto firm that wants to keep serving UK customers after October 25, 2027, now needs full FCA authorization. The window opened on September 30, 2026, and firms that miss its February 28 close risk losing the right to sign up new customers.
In or out? The FCA's crypto license map landed two weeks before UK firms could apply
Policy statement PS26/18 tells crypto firms which activities will need FCA authorization under the UK's new regime. Firms that miss the February 28, 2027, application deadline may have to stop trading, and one stablecoin question is still open.