Crypto Compliance in Thailand: Rules, Risks, and What Traders Need to Know

When it comes to crypto compliance Thailand, the set of legal and regulatory requirements that crypto businesses and users must follow in Thailand. Also known as Thai cryptocurrency regulations, it’s not about banning crypto—it’s about controlling how it’s used, taxed, and exchanged. Unlike countries that shut down crypto entirely, Thailand lets people trade, but only if they play by the rules set by the Securities and Exchange Commission (SEC) and the Bank of Thailand.

Thailand legalized crypto as virtual assets, digital tokens that can be bought, sold, or traded but aren’t considered legal tender in 2022, and since then, the rules have gotten tighter. All exchanges operating in Thailand must be licensed by the SEC, and they’re required to collect KYC data, report suspicious activity, and hold customer funds in segregated accounts. Unlicensed platforms? They’re blocked. Many Thai traders still use offshore exchanges, but that’s a gray area—your money might be safe, but you’re not protected by Thai law.

Then there’s crypto tax Thailand, the requirement to report and pay capital gains tax on crypto profits. The Thai Revenue Department treats crypto like property. If you sell Bitcoin for profit, you owe tax. If you trade one coin for another, that’s a taxable event too. No one’s auditing every trade, but if you’re earning serious money, the risk isn’t worth it. And if you’re running a business—like a crypto ATM or a DeFi platform—you need a full business license, not just a personal account.

What about mining? It’s not banned, but it’s not encouraged either. High electricity costs and no government incentives make it unattractive. Some miners still operate, mostly in small groups, but they’re not part of any official program. And forget about stablecoins tied to the US dollar—Thailand doesn’t allow them. Only native Thai baht transactions are fully legal on licensed platforms.

This isn’t a free-for-all. It’s a controlled environment. You can trade, you can invest, you can even earn from DeFi—but only if you stick to platforms that are officially approved. The SEC has a public list of licensed exchanges. Use anything else, and you’re gambling with your money and your legal standing.

Below, you’ll find real reviews and breakdowns of exchanges that serve Thai traders, scams to avoid, and how people are navigating these rules in 2025. Some platforms claim to work in Thailand but don’t have the license. Others are fully compliant but hard to use if you’re not local. We’ve sorted through the noise so you don’t have to guess what’s safe, what’s risky, and what’s just a rumor.