Crypto Laws in Thailand 2025: Your FAQ Guide to What’s Legal and What’s Not
July 1, 2025
Thinking about trading crypto in Thailand this year? You’re definitely not alone. With Bitcoin making headlines again and local exchanges gaining traction, more Thai residents (and expats) are jumping into the crypto scene. But one big question keeps popping up: Is crypto trading even legal in Thailand? The answer isn’t just a yes or no—it depends on what you’re doing, how you’re doing it, and whether you’re following the latest rules. Let’s break it all down, FAQ style.
Is Crypto Trading Legal in Thailand in 2025?
Yes, crypto trading is legal in Thailand—but it’s regulated. You’re allowed to buy, sell, and invest in cryptocurrencies through government-approved exchanges. If you stick to platforms registered with the Thai SEC, you’re on solid legal ground.
Is Crypto Trading Legal in Thailand: Can I Use Any Exchange I Want?
Not exactly. Thailand requires that all crypto exchanges operating in the country register with the Securities and Exchange Commission (SEC). This means platforms like Bitkub and Binance Thailand are fine, but using unlicensed or overseas exchanges could lead to legal complications.
Is Crypto Trading Legal in Thailand: What Happens If I Use an Unregistered Exchange?
You could be violating Thai financial laws. While enforcement can vary, trading on unapproved platforms may put your assets at risk—or worse, get you in trouble with regulators. It’s safest to use SEC-approved services.
Is Crypto Trading Legal in Thailand: Can I Use Crypto to Pay for Goods and Services in Thailand?
No. As of 2022, Thailand banned the use of cryptocurrencies as a method of payment for goods and services. Businesses are not allowed to accept crypto as currency. The regulation is aimed at limiting financial risks and protecting consumers from volatility.
What About Holding Crypto or Long-Term Investing? Is That Allowed?
Yes, personal investment is completely legal. Whether you’re trading actively or holding Bitcoin long-term, it’s allowed—as long as you’re using a compliant platform and reporting taxes.
Speaking of Taxes—Do I Have to Pay Tax on Crypto in Thailand?
Yes, technically. Crypto profits are subject to a 15% capital gains tax. However, enforcement has been inconsistent. That said, the Thai Revenue Department is working toward better monitoring, so it’s best to assume taxation will tighten moving forward.
What Changed in 2025? Any New Rules I Should Know?
Yes, a few key developments:
- Token listings are more tightly regulated
- Exchanges must provide clearer risk disclosures
- KYC (Know Your Customer) requirements have been upgraded
- More scrutiny on ICOs and DeFi projects
All of these aim to make the crypto space safer—but also more controlled.
Is Stablecoin Use Legal in Thailand?
No, not for payments. Using stablecoins to replace the baht (THB) in transactions is prohibited. You can hold them as an investment, but they’re not legally recognized as a payment tool.
Are NFTs Regulated Too?
Yes, especially if they’re tied to financial value or investment. While art-based NFTs might fly under the radar, tokens marketed as assets or linked to profits could be considered illegal if unregistered.
What About Gambling or Casinos That Use Crypto?
Still illegal. Online gambling is banned in Thailand, and using crypto doesn’t make it legal. Crypto casinos and blockchain gambling apps fall under this restriction—regardless of how they’re accessed.
I’m a Foreigner in Thailand. Can I Trade Crypto Here?
Yes, foreigners can legally trade crypto in Thailand if they comply with KYC checks and use licensed platforms. You’ll likely need a Thai bank account to fully use local exchanges. Keep in mind, taxes still apply if you’re a resident.
What If I Run a Crypto Business? What Licenses Do I Need?
You’ll need to register with the SEC and obtain a Digital Asset Business License. This applies to exchanges, brokers, dealers, and ICO portals. Operating without a license can lead to serious penalties—including business bans and criminal charges.
Is a Thai CBDC (Central Bank Digital Currency) Coming?
Maybe. The Bank of Thailand has been running pilot tests, but a full rollout hasn’t happened yet. The goal is to offer a state-backed digital version of the baht, though as of mid-2025, it’s still in trial stages.
Final Answer: Is Crypto Trading Legal in Thailand in 2025?
Yes, crypto trading is legal—but it’s heavily regulated. The government isn’t anti-crypto, but it is firm on oversight. If you’re trading through licensed platforms and reporting earnings, you’re in the clear. Just don’t expect to use Bitcoin at your local café anytime soon.
Whether you’re new to the space or already neck-deep in DeFi, staying informed is key. Crypto might be the future—but in Thailand, the law gets a say too.
