Crypto Regulations in Thailand 2025

Monicah W

Cryptocurrency Regulations Thailand

The post Crypto Regulations in Thailand 2025 appeared first on Coinpedia Fintech News

In 2025, Thailand released a string of crypto developments, including– enhancing customer protection, transparency, innovation, taxation, and market revenue. The Thai government is implementing new policies to foster growth in the digital asset space as it aspires to become prominent in the digital finance and cryptocurrency space. 

Table of contents

Crypto regulations in Thailand 2025 

July 15, 2025 – Thailand SEC Seeks Public Feedback on Crypto Regulatory Sandbox for Tourism

  • SEC collaborated with the Bank of Thailand (BOT) to introduce a crypto sandbox, allowing foreign tourists to convert digital assets into baht. 
  • SEC aims to promote innovation with the use of digital assets to increase the economy and tourism industry in Thailand. 

June 28, 2025 – Thailand SEC Bans Five Major Cryptocurrency Exchanges

  • SEC bans Bybit, OKX, CoinEx, 1000X, and XT.com due to alleged violations of national financial laws and anti-money laundering (AML) concerns. 

June 20, 2025 – SEC Seeks Public Consultation on Crypto Exchanges to List Self-Issued Utility Tokens 

  • SEC) launched a public consultation to gather opinions on whether local crypto exchanges should be allowed to list self-issued utility tokens.
  • Existing tokens must also disclose the names of all related parties within 90 days of the regulation taking effect. The last date for submitting the consultation is July 21, 2025. 

June 17, 2025– Extension of Five-Year Crypto Tax Exemption 

  • The government approved a five-year tax exemption on capital gains from crypto trading made through licensed digital assets. 
  • The exemption will be in effect from January 1, 2025, to December 31, 2029. This move aims to increase investment, stimulate economic activity, and drive long-term growth. 

May 29, 2025– Ban on Unlicensed Crypto Platforms 

  • Thailand’s Securities and Exchange Commission (SEC) banned five crypto platforms due to operating illegally — Bybit, 1000X, CoinEx, OKX, and XT.COM. 
  • The agency also issued a public advisory urging all crypto users in the region to withdraw or transfer digital assets from the affected platforms before 29th June. 

May 13, 2025- Finance Minister to Issue $150 Million Worth of Digital Assets

  • Thailand plans to issue approximately 5 billion baht ($150 million) worth of digital asset tokens as part of public debt. 
  • The “G Tokens” will be used to raise funds from the public under the current budget borrowing plan. 

April 13, 2025– Implementation of Two Royal Decrees

  • The Royal Decree on the Operation of Digital Asset Businesses (No. 2), B.E. 2568 (2025): Foreign crypto platforms must obtain a license from Thailand’s SEC if they are targeting Thai users. 
  • Introduced new rules to tackle foreign Peer-to-Peer (P2P) crypto services to combat online financial crime. It also introduced a penalty for non-compliance is up to three years in prison and fines reaching $8,700 (300,000 baht). 
  • Royal Decree on Measures to Prevent and Suppress Technology Crimes (No. 2), B.E. 2568 (2025): Expands the power of the Ministry of Digital Economy and Society (MDES).
  • It gives MDES to the authority block access to any unlicensed digital platforms without court approval. 

What is the Thai Government Saying About Crypto in 2025?

The recent laws, regulations, and announcements regarding crypto in Thailand indicate that the government is actively working to enhance its innovation factor with the help of digital assets.  With new developments, Thailand aims to achieve: 

  • Growth in Adoption: With a crypto-friendly tax regime, Thailand is promoting digital assets for daily use. The government aims to increase the adoption rate in the region within the regulatory framework. 
  • Investor Protection: With the new licensing requirement, the government aims to enhance investor protection measures. It has a strict policy for anti-money laundering (AML) and combat-terrorism in finance (CFT) for all virtual asset service providers (VASPs). 
  • Economic growth: The government and crypto regulatory agencies in Thailand anticipate that the crypto-friendly laws in the region will accelerate the country’s economy. 
  • Global Competition: As crypto is getting more popular, the global competition is intensifying. So, Thailand is actively working to become a major crypto player in the near future to establish dominance in the global market. 

Crypto Tax in Thailand 2025 

  • Capital Gains Tax (CGT): No capital tax on crypto from January 1, 2025, to December 31, 2029. 
  • Income Tax: Since the Revenue Department defines digital assets as “electronic data or instruments with intrinsic value,” it falls subject to personal income tax (PIT). 
  • Taxable Events: Trading and swapping digital assets, crypto mining, airdrops, remuneration, receiving crypto as payment or gifts, and return on investments are the events subject to PIT  in Thailand. 
  • Tax-Free Events: Crypto donations, inheritance, income from crypto derivatives, unrealized gains on crypto while holding, and loss or theft of crypto are tax-free events in Thailand. 

Current Income Tax Bracket in Thailand 

Annual Taxable Income (THB) Tax Rate
0 – 150,000 0%
150,001 – 300,000 5%
300,001 – 500,000 10%
500,001 – 750,000 15%
750,001 – 1,000,000 20%
1,000,001 – 2,000,000 25%
2,000,001 – 5,000,000 30%
Over 5,000,000 35%

Crypto License in Thailand 2025 

Under the Royal Decree on the Operation of Digital Asset Businesses (No. 2), foreign crypto platforms must obtain a license from the SEC if they aspire to target Thai users. The local virtual asset service providers (VASPs) are also required to obtain an SEC license. How to obtain a crypto license in Thailand?

  • Incorporation of the Company in Thailand: The company must open a bank account and deposit the legally required share capital, which is 50M THB (about 1.4M USD). 
  • Compliance with Crypto Obligations: Along with supporting documents, the companies are required to comply with know your customer (KYC), anti-money laundering (AML), and counter-terrorism in finance (CFT) obligations. 
  • Registration as Digital Asset Business Operator: After completing the first two stages, companies are required to register with the Ministry of Finance.  This process officially takes 150 days. 

Crypto Adoption in Thailand 2025

  • Penetration Rate: The user penetration rate in the crypto market is projected to be 11.60% in 2025 and is anticipated to see an increase to 11.79% by 2026. By next year, the number of crypto users in Thailand is expected to reach 8.43 million. 
  • Crypto Revenue: Projected revenue in crypto is expected to reach US$793.6 million in 2025. This revenue is expected to experience an annual growth of 1.45%, resulting in US$805.1 million by 2026.
  • Crypto Holdings: No public disclosure on the government’s crypto holdings; policies rather focus on evolving the digital asset space. 

Conclusion

Thailand is one of the largest markets for cryptocurrency in the world, with one in five Thai citizens holding cryptocurrencies. The government and crypto agencies have put phenomenal efforts into ensuring investors’ protection and safety measures for crypto users in the region, making it a popular crypto hub. With new crypto-friendly laws and rapid development, Thailand is poised to become one of the major global crypto leaders.

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The post U.S. SEC Delays Decision-Making on Franklin Templeton’s Spot XRP ETF: What Next? appeared first on Coinpedia Fintech News
The U.S. SEC recently approved XRP futures ETF, thus dramatically increasing the odds for a spot XRP ETF soon. The commission delayed decision-making for the Franklin XRP Fund by another 45 days. XRP price has signaled bullish sentiment toward $3 bolstered by institutional investors. Sherry Haywood, an Assistant Secretary for the United States Securities and …

El Salvador Increases Bitcoin Holdings Despite IMF Focus on Fiscal Reforms

The International Monetary Fund (IMF) had previously confirmed that El Salvador is upholding its commitment to halt Bitcoin accumulation within its public sector.

Yet, on-chain data reveals a different reality that the Central American nation is continuing to grow its Bitcoin reserves quietly.

Bitcoin Accumulation Continues in El Salvador Despite IMF’s Policy Claims

In an April 26 press briefing, Rodrigo Valdes, Director of the IMF’s Western Hemisphere Department, stated that El Salvador is complying with the agreed non-BTC accumulation policy.

“In terms of El Salvador, let me say that I can confirm that they continue to comply with their commitment of non-accumulation of bitcoin by the overall fiscal sector, which is the performance criteria that we have,” Valdes stated.

Valdes also highlighted El Salvador’s ongoing governance and transparency reform efforts, describing them as strong and encouraging steps forward.

“The program of El Salvador is not about bitcoin.  It’s much more, much deeper in structural reforms, in terms of governance, in terms of transparency.  There is a lot of progress there.  And also, on fiscal.  And authorities have been making a lot of progress implementing the reform,” he continued.

Beyond BTC, Valdes stressed that fiscal reforms are another priority for El Salvador. These measures could unlock access to as much as $3.5 billion in financial assistance, potentially boosting private sector investments and supporting sustainable economic growth.

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These changes included removing mandatory BTC acceptance for merchants, ending Bitcoin-based tax payments, and scaling back the Chivo wallet project.

However, despite the IMF claims, blockchain data shows El Salvador has not paused its Bitcoin activities.

On April 26, the country’s National Bitcoin Office reported that El Salvador has purchased 8 BTC during the past week and 31 BTC over the past month.

These acquisitions have pushed El Salvador’s total BTC holdings to 6,159 BTC, valued at over $580 million at the time of writing.

This represents a staggering 99.93% profit on the approximately $155 million acquisition cost of the country, according to NayibTracker data.

El Salvador's Bitcoin Holdings.
El Salvador’s Bitcoin Holdings. Source: Bitcoin Office

Stacy Herbert, Director of the National Bitcoin Office, emphasized that El Salvador will continue to expand its strategic Bitcoin reserve.

She explained that this move helps the country maintain its first-mover advantage in the crypto space.

“El Salvador continues front-running the rest of the world by adding to its Strategic Bitcoin Reserve. First mover advantage intensifies,” Herbert said.

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In addition, El Salvador recently signed a letter of intent with AI leader NVIDIA to develop sovereign artificial intelligence infrastructure. This move will strengthen its position as a rising innovation hub in Latin America.

The post El Salvador Increases Bitcoin Holdings Despite IMF Focus on Fiscal Reforms appeared first on BeInCrypto.

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The post Bitcoin Sets the Macro Tone, But Lightchain AI Sets the Fire That Smaller Investors Are Running Toward appeared first on Coinpedia Fintech News
Bitcoin continues to set the macro tone for the cryptocurrency market, influencing broad investor sentiment and serving as a benchmark for digital assets. However, Lightchain AI is igniting a different kind of fire—one that smaller investors are eagerly running toward. Having completed all 15 presale stages and now entering the Bonus Round, Lightchain AI offers …