Thai SEC Monitors Binance Cyber Incident, No Local Impact Found

The Office of the Securities and Exchange Commission (SEC) revealed it is closely tracking a cybersecurity incident involving Binance's foreign platform. The SEC has coordinated with licensed digital asset operators to assess potential impacts and risks to customer assets, and to report control measures and mitigation plans. Based on information reported by operators so far, no significant impact has been detected on the assets of Thai customers under the supervision of licensed domestic operators. These operators are required by SEC guidelines to use secure digital asset storage systems and limit the amount of assets kept in systems connected to external networks to reduce cyber risk. Regarding some assets that may be involved in transactions through Binance's overseas platform, operators reported they are monitoring the situation and coordinating closely. However, the facts and scope of any damages remain under investigation. The SEC has directed relevant operators to: (1) continuously monitor and assess risks; (2) verify the status and safety of customer assets; (3) immediately report to the SEC any events that may affect assets or services to customers; and (4) provide accurate, timely information to customers if there are impacts or service limitations. The SEC will continue monitoring closely and coordinating with operators to ensure proper risk management and investor protection. Investors are urged to follow official channels from service providers and the SEC, use only licensed operators (verifiable at www.sec.or.th), and beware of rumors or impersonation scams exploiting this incident. For inquiries, contact the SEC Complaint Center at 1207. The incident occurred at Binance's overseas platform, which is not under SEC supervision; the SEC's monitoring focuses on licensed operators under its oversight and the protection of investors using those services.