🇹🇭 Bangkok City

Bangkok hosts Thai SEC-regulated crypto exchanges (Bitkub, Satang). Thailand has comprehensive crypto regulation under SEC and BOT. 15% withholding tax on crypto gains.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regionsoutheast asia
CurrencyTHB

Tax Information

Capital Gains (Personal)0% (exempt) for gains on SEC-licensed platforms 1 Jan 2025 – 31 Dec 2029 under Ministerial Regulation No. 399; standard progressive rates (5%–35%) apply thereafter or for unlicensed platforms
Capital Gains (Corporate)20% CIT
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance available.

Licensing & Registration

RequiredYes
RegulatorThai SEC + BOT
FrameworkEmergency Decree on Digital Asset Businesses B.E. 2561 (2018), as amended by Royal Decree on the Operation of Digital Asset Businesses (No. 2) B.E. 2568 effective 13 April 2025

Enforcement Activity

Level: Moderate

Enforcement focused on unlicensed operators and consumer protection

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant_enhanced_followup
FATF BodyAPG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: sandbox

BOT operates Programmable Payment Sandbox (THB-backed stablecoin sandbox) expanded December 2025. Requirements: fixed peg 1 unit = 1 THB, unencumbered reserves in segregated accounts at licensed financial institutions, full redemption rights for holders. Three participants as of mid-2025: SCB 10X, Kasikornbank (KBANK), Ascend Bit. Full-scale issuance not yet permitted. SEC approved USDC and USDT for use on licensed platforms (March 2025). No comprehensive stablecoin legislation enacted as of 2026-06-01.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.1/kWh
Renewable Energy18%
Infrastructuregood

Mining is legal with moderate electricity costs; infrastructure supports mining operations mainly in industrial zones.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index36/100
Banking Accessmoderate

Risk Factors

Thailand has moderate political stability with occasional protests; no major sanctions; moderate corruption and business environment; banking access for crypto is improving but still cautious.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Bangkok?

Bangkok hosts Thai SEC-regulated crypto exchanges (Bitkub, Satang). Thailand has comprehensive crypto regulation under SEC and BOT. 15% withholding tax on crypto gains.

What is the FATF status of Bangkok?

Bangkok is classified by FATF as: compliant_enhanced_followup.

Are VASPs licensed in Bangkok?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Bangkok?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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