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THAILAND'S REGULATORY REGIME FOR DIGITAL ASSET BUSINESSES
At Smart Legal Solutions, we are experts in Crypto license application in Thailand in accordance with the local digital assets regulations. Contact us today to assist you in the application of the suitable Crypto license for your intended business.
Digital asset businesses in Thailand are required to obtain a license from the Minister of Finance and approval from the Securities and Exchange Commission.
The Emergency Decree on Digital Asset Businesses B.E. 2561 issued on 2018, and the Amendment of the Revenue Code (No 19) B.E. 2561, regulates the main aspects of the digital assets in Thailand.
The main regulator for the Digital Asset Business Decree is the Office of the Securities and Exchange Commission, and for the Amendment of the Revenue Code Decree is the Revenue Department.
Regulatory authorities periodically issue sub-regulations to stipulate the regulatory requirements and ongoing compliance for industry parties.
DIGITAL ASSETS LAWS AND
TYPES OF CRYPTO LICENSES
Emergency Decree on Digital Asset Businesses
Offering of digital tokens:
Digital asset businesses:
Digital asset exchange
Digital asset broker
Digital asset dealer
Digital asset fund manager
Digital asset advisor
Digital asset custodial wallet provider
Emergency Decree on Amendment of the Revenue Code
Types of income:
Benefits derived from having possession of digital tokens.
Capital gains from the transfer of a cryptocurrency asset or digital token.
Withholding tax obligations