Belaws Thaïlande
  • Thaïlande
  • legal
    • Legal
      • Tout service juridique
      • Urgence. Conseil le jour même
      • Consultation juridique immédiate
      • Revue de documents
    • Notre expertise
      • Droit du travail
      • Fusion & Acquisition
      • Restructuration & Insolvabilité
      • Banque & Finances
      • Droit immobilier
      • Startups Services
      • Spécialiste de la blockchain
      • Énergies, Mines & Infrastructures
      • Propriétés Intellectuelles
      • Fiscalités
      • Télécommunications, Médias & Technologies
      • Transactions commerciales
      • Droit de la famille
      • Download your free copy of our guide, 'Starting a Business in Thailand for Foreigners,' featuring essential insights for successfully establishing a business in Thailand.
  • création de votre entreprise
    • Création d'entreprise
      • Tout service d'incorporation
      • Étude de faisabilité
      • Étude de marché
      • Stratégie de pénétration de marché
    • Types de sociétés
      • Sociétés BOI
      • Limited company
      • Succursale
      • Bureau de représentation
      • Société créée dans le cadre du Traité d'Amitié américano-thaïlandais
      • Startups Services
    • Business Licenses
      • Licence d'exploitation étrangère
      • E-commerce License
      • Factory License
      • Important License
      • Restaurant License
      • See all Licences
  • Comptabilité & Administratif
    • Comptabilité & Administratif
      • Tout Service Comptable & Administratif
      • Urgence. Conseil le jour même
      • Consultation immédiate
      • Revue de documents
    • Corporate
      • Draft minutes
      • Changing directors
      • Transfert d'Actions
      • Changement d'Adresse de Domiciliation
      • Capital increase
      • Meetings AGM
      • Assemblées Générales Extraordinaires (AGE)
      • Closing a company
    • Légalisation
      • Notarisation and legalisation
      • Translation document
    • Comptabilité
      • Comptabilité & Déclarations Fiscales
      • Audit Annuel
      • Paye
      • Externalisation de la Paye
      • Certificat fiscal
      • Enregistrement à la TVA
      • Impôt sur le revenu des sociétés
      • Impôt sur le revenu des personnes physiques
  • entrepreneuriales
    • Comptabilité & Administratif
      • Tout Service Comptable & Administratif
      • Urgence. Conseil le jour même
      • Consultation immédiate
      • Revue de documents
    • Corporate
      • Draft minutes
      • Changing directors
      • Transfert d'Actions
      • Changement d'Adresse de Domiciliation
      • Capital increase
      • Assemblées Générales Ordinaires (AGO)
      • Assemblées Générales Extraordinaires (AGE)
      • Cessation d'activité
      • Translation document
      • Notarisations & Traductions
      • Notarisations & Traductions
      • Traductions de documents
    • Comptabilité
      • Comptabilité & Déclarations Fiscales
      • Audit Annuel
      • Paye
      • Externalisation de la Paye
      • Certificat fiscal
      • Enregistrement à la TVA
      • Impôt sur le revenu des sociétés
      • Impôt sur le revenu des personnes physiques
  • Visas
    • Visas
      • Tout service de Visas
      • Urgence. Conseil le jour même
      • Revue de documents
      • Immediate Visa consultation
    • vivre en Thaïlande
      • Visa LTR pour la Thaïlande
      • Visa Élite pour la Thaïlande
      • Visa de retraite (OA)
      • Marriage visa
      • Modifier le type de Visa
      • Voir toutes les option de Visa
    • Travailler en Thaïlande
      • Services de portage salarial (PEO)
      • Visa non immigrant B
      • permis de Travail
      • Visa BOI & Permis de Travail
      • Modifier le type de Visa
  • BLOG
  • CONTACT
    • fr_FRFrançais
    • en_USEnglish
  • Menu Menu
  • INCORPORATION
  • LEGAL
  • ACCOUNTING & SECRETARY
  • VISAS
  • Blog
  • CONSULTATION IMMEDIATE
  •  
  • fr_FRFrançais
  • en_USEnglish
Accueil ›› Thaïlande ›› Blog ›› What is the current scope of regulations relating to Blockchain in Thailand today?

legal

What is the current scope of regulations relating to Blockchain in Thailand today?

23/09/2021

Thailand was one of the very first countries to regulate blockchain/Crypto with its first set of decrees coming in early 2018. The most notable element was the establishment of an ICO portal under the regulations of the SEC.

Regulations relating to Blockchain in Thailand today?
What is the current scope of regulations relating to Blockchain in Thailand today?

The current laws for regulating Cryptocurrencies and ICOs in Thailand are the Emergency Decree on the Digital Asset Businesses B.E. 2561 (C.E. 2018) (“Digital Asset Businesses Decree”) and the Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 (C.E. 2018) (“Amendment of the Revenue Code Decree”).

How do these new laws affect Blockchain?

The Emergency Decree on Digital Asset Businesses B.E. 2561 covers the following areas

Offering of Digital Tokens

  • Digital Tokens
  • Cryptocurrencies
  • Issuers
  • ICO Portals

Entreprises d'actifs numériques

  • Bourse d'actifs numériques
  • Courtier en actifs numériques
  • Négociant en actifs numériques

Furthermore, since the introduction of this legislation, a total of 15 Cryptocurrency service providers have been granted a license to operate in Thailand including Bitkub & Bitazza.

The Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 deals with

New types of income

  • A share of profit or any benefit derived from holding or having possession of digital tokens
  • Capital gains from the transfer of cryptocurrencies or digital tokens

Impose Withholding Tax obligations

Regulations relating to Blockchain in Thailand today?
Should You Consider Using Cryptocurrency in Your Business Operations?

Anti Money Laundering

In order to combat the rise in popularity of Cryptocurrencies, Thailand’s Anti-Money Laundering Office (AMLO) is planning to amend the existing Money Laundering Laws. Currently the draft regulations are passing through Parliament and await full approval.

The revised Anti-Money Laundering Laws in Thailand plan to:

  1. Include Cryptocurrency in the current anti-money laundering systems.
  2. Establish a mandatory clause requiring abnormal behavior to be reported to the AMLO.
  3. Establish a set of legal standards for Cryptocurrency transaction service providers to adhere to.

What has changed / what is currently changing?

The Thai government is placing a heavy emphasis on the Thailand 4.0 Driver i.e promoting a value-based economy which focuses on R&D, science and technology, creative thinking, and innovation.

With that in mind, new regulations and guidelines have been introduced to properly regulate Blockchain in Thailand.

Previously, Crypto exchanges were able to fly under the SEC radar, but with these new regulations, it seems as though Thailand is starting to turn its attention more to cryptocurrencies and digital assets.

Regulation of digital asset portfolios managers

In early 2021, the Thai Securities and Exchange Commission (SEC) issued some new regulations to regulate digital asset portfolios managers.

A ‘digital asset investment adviser’ is someone who gives advice pertaining to “Cryptocurrency or digital token trading to customers and receives remuneration for their services.”

Managers and investment advisers are legally required to obtain a licence

From February 24 2021, crypto fund managers and investment advisers are legally required to apply for a licence to continue their businesses. Previously, money managers trading assets such as cryptocurrencies were not subject to SEC supervision.

Regulations relating to Blockchain in Thailand today?

Revision of the SECS Net Capital (NC) rules

Further examples of Thailand and the SEC embracing Cryptocurrencies can be seen through the revision of the SECS net capital (NC) rules. These revisions have been designed to support the increased volume of digital asset trading.

The revision of the NC rules were made to help free up liquidity for securities firms that plan to enter new business such as open digital or cryptocurrency exchanges. Along with this announcement, the SEC stated that they will now allow securities companies that operate digital businesses capable of carrying digital assets in various forms such as cryptocurrency and other digital assets to calculate the NC funds with the value of these digital assets.

What does the potential introduction of Central Bank Digital Currencies (CBDC) mean for the crypto world?

A Central Bank Digital Currency (CBDC), also known as digital FIAT currencies, makes use of digital tokens to represent a FIAT currency in virtual form.

A CBDC is centralized; it is both issued and regulated by the monetary authority of the country e.g. the Bank of Thailand. The particular central bank who operates the CBDC will be solely liable for its operations and will be backed by monetary reserves such as gold or foreign currencies.

Since the CBDC will form part of the Central Bank’s securities, it will work alongside other forms of regulated money, like coins, bills, notes, and bonds.

Each CBDC unit will essentially be an equivalent to a physical paper bill and can be used as a mode of payment. Much like a physical paper note which has a unique serial number, each CBDC unit will also be individually distinguishable to prevent imitation.

CBDC aims to bring in the best of both the Blockchain and regulated physical monetary worlds i.e. merging the convenience and security of Cryptocurrencies, and the regulated, reserved-backed money circulation of the traditional securities.

The Bank of England (BOE) was the first monetary authority to make a CBDC proposal. Now other nations such as China, Canada, Uruguay, Thailand, Venezuela, Sweden, and Singapore, are considering the introduction of a central bank-issued digital currency.

At this moment intime, China is leading the world in developing a national digital currency, The People’s Bank of China (PBOC) has launched the digital Yuan, a so-called central bank digital currency (CBDC). The PBOC aims to replace some of the cash in circulation with the digital Yuan.

Should You Consider Using Cryptocurrency in Your Business Operations?

Is CBDC a threat to Cryptocurrencies?

It is unlikely that CBDC will be a major threat to Bitcoin. Firstly, Cryptocurrencies and CBDCs are very different things, with the former being of fixed supply while the latter are backed by physical FIAT currencies.

Secondly, The investment bank, Morgan Stanley believes that both cryptocurrencies and CBDC can coexist as they serve different purposes and have different appeals.

An example of this would be that cryptocurrencies can be considered both a store of value, much like gold, and a speculative asset as well. CBDC on the other hand is simply a digital version of a physical currency and doesn’t possess these characteristics.

Cryptocurrencies are also decentralized. That means that it is not controlled by any central banks, unlike, for example, the digital yuan which will be issued by the PBOC. This is a significant advantage.

Supporters of Cryptocurrencies see this decentralization and the anonymity this provides as a major advantage.

CBDC is also a new idea that is still a very long way from being fully implemented. While China is clearly at the most advanced stage and conducting tests, the project is still at an early stage. No legal frameworks and legislation has been drawn up to govern any CBDC.

Other countries are even further behind China which means it will probably take a very long time for CBDCs to be fully released as a true alternative to cash and cryptocurrencies.

En conclusion

With the introduction of the Emergency Decrees on Digital Asset Businesses & Amendment of the Revenue Code, Thailand has begun to increase the regulation of blockchain activity in the country. This is further seen through the new Regulations of digital asset portfolios managers.

While these regulations may be seen as Thailand clamping down on blockchain, it could also be argued that the country is embracing it. The increasing number of blockchain exchanges appearing, highlights Thailand’s position as a leading blockchain market.

Consultation immédiate

Nos consultations durent jusqu'à une heure et sont menées par des juristes experts qui parlent couramment l'anglais, le français et le thaï.

Les consultations peuvent être organisées sur WhatsApp ou sur le Logiciel de Vidéoconférence de votre convenance. Une consultation avec l’un de nos experts juridiques est sans aucun doute le meilleur moyen d’obtenir toutes les informations dont vous avez besoin et de répondre à toutes les questions que vous pourriez avoir sur votre nouvelle entreprise ou votre projet.

Jusqu'à 1 heure

Les détails de la conférence web seront fournis après confirmation

$150 USD

Réservez maintenant
New 15% Minimum Corporate Tax Introduced in Thailand
  • Certificat fiscal

New 15% Minimum Corporate Tax Introduced in Thailand

By jonathan / avril 28, 2025
25/04/2025 Thailand introduces a 15% minimum corporate tax for MNEs in 2025.
Read More
Les sociétés de gestion hôtelière peuvent-elles être détenues à 100 % par des étrangers en Thaïlande ?
  • Création d'entreprise

Les sociétés de gestion hôtelière peuvent-elles être détenues à 100 % par des étrangers en Thaïlande ?

By jonathan / avril 4, 2025
Vous souhaitez créer une société de gestion hôtelière en Thaïlande ? Découvrez notre guide 2025, conçu pour vous fournir toutes les informations essentielles.
Read More
Guide pour l'ouverture d'un coffee shop en Thaïlande en 2025
  • Création d'entreprise

Guide pour l'ouverture d'un coffee shop en Thaïlande en 2025

By jonathan / avril 2, 2025
27/03/2025 Thinking of opening a coffee shop in Thailand? Our 2025 guide covers everything you need to know.
Read More
Droit immobilier en Thaïlande pour les sociétés bénéficiant de la promotion du BOI
  • Visa
  • Droit immobilier

Droit immobilier en Thaïlande pour les sociétés bénéficiant de la promotion du BOI

By jonathan / mars 20, 2025
La loi thaïlandaise sur l'immobilier restreint la propriété foncière pour les étrangers, mais les sociétés promues par le BOI peuvent posséder des terrains sous certaines conditions.
Read More
LGBT Expats : S'installer en Thaïlande depuis les USA
  • Visa

LGBT Expats : S'installer en Thaïlande depuis les USA

By jonathan / mars 11, 2025
11/03/2025 Moving to Thailand as an LGBT expat? Discover visa options, cost of living, and why Thailand is one of...
Read More
Mise à jour 2025 du visa LTR : Évolutions majeures et nouveaux avantages
  • Visa

Mise à jour 2025 du visa LTR : Évolutions majeures et nouveaux avantages

By jonathan / mars 11, 2025
07/03/2025 Thailand updates its LTR Visa for 2025, lowering income and revenue requirements while removing most SMART visa categories. Learn...
Read More
Quelle est la procédure à suivre pour la clôture annuelle des comptes de l'entreprise ?
  • Certificat fiscal

Quelle est la procédure à suivre pour la clôture annuelle des comptes de l'entreprise ?

By jonathan / février 24, 2025
24/02/2025 Complete your company's annual closing in Thailand with our step-by-step guide. Stay compliant with Thai accounting regulations, audits, AGMs...
Read More
Le programme “Easy E-Receipt 2.0” : Optimisez vos déductions fiscales
  • Création d'entreprise

Le programme “Easy E-Receipt 2.0” : Optimisez vos déductions fiscales

By jonathan / février 20, 2025
20/02/2025 This blog post explores key considerations for the Easy E-Receipt 2.0 Tax Deductions in Thailand.
Read More
Promotion pour l'innovation : le Fonds de contrepartie du BOI pour startups en Thaïlande
  • Création d'entreprise

Promotion pour l'innovation : le Fonds de contrepartie du BOI pour startups en Thaïlande

By jonathan / janvier 23, 2025
22/01/2025 This blog post explores key considerations for the BOI matching fund in Thailand.
Read More
Créer une entreprise d'intelligence artificielle en Thaïlande en 2025
  • Création d'entreprise

Créer une entreprise d'intelligence artificielle en Thaïlande en 2025

By jonathan / janvier 15, 2025
15/01/2025 This blog post explores key considerations for a starting an Artificial Intelligence Business in Thailand.
Read More

+66 (0) 63 695 5945

Heures d'ouverture
Lundi - Vendredi
9h - 18h (Heure de Paris + 6h)

Écrivez-nous

SERVICES

Legal

Création d'entreprise

Accounting & Secretary

Visas

Consultation immédiateNouveau

A propos

Qui sommes-nous

Nous rejoindre

Presse et médias

Conditions d'utilisation

Politique de confidentialité

Plan du site

Ressources

Blog Belaws Thaïlande

Facebook Visa Thaïlande Belaws

Ebook acheter un condominium

Ebook droit du travail

Nos bureaux

Thaïlande

Singapour

Hong Kong

Cambodge

Vietnam

Belaws 2017 - 2025.
Belaws ne fournit que des informations et une plateforme technologique. Belaws n'est pas un "service de mise en relation avec des avocats" et ne fournit pas de services juridiques ni ne participe à aucune représentation juridique.
Belaws n'est pas un cabinet d'avocats ou un substitut à un avocat ou un cabinet d'avocats.

Buying real estate in Thailand with crypto-currencies Buying real estate in Thailand with crypto-currencies real-estate buy a property in Thailand? Crypto tax in Thailand What are the taxes on Cryptocurrency in Thailand and do I need to pay tax? Quelles sont les taxes sur les crypto-monnaies en Thaïlande ?
Faire défiler vers le haut