{"id":4667,"date":"2021-09-23T17:49:24","date_gmt":"2021-09-23T10:49:24","guid":{"rendered":"https:\/\/belaws.flywheelsites.com\/thailand\/?p=4667"},"modified":"2024-12-19T08:47:24","modified_gmt":"2024-12-19T01:47:24","slug":"regulations-blockchain-thailand","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/regulations-blockchain-thailand\/","title":{"rendered":"What is the current scope of regulations relating to Blockchain in Thailand today?"},"content":{"rendered":"<div id='breadcrumb_section'  class='avia-section av-ksd0xiy5-8d7aad9d55850bb423a0559dd08c567f main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  sticky avia-bg-style-scroll av-minimum-height av-minimum-height-custom  container_wrap sidebar_right'  ><div class='container av-section-cont-open' style='height:20px'><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-4667'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-ks8kyyfa-facab0127ba9da0f9df5cd8b638903d7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a><\/span> \u203a\u203a What is the current scope of regulations relating to Blockchain in Thailand today?<\/div>\n<\/div><\/section>\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><div id='av_section_2'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-3  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-4667'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-4  el_before_av_two_fifth  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_two_fifth  avia-builder-el-5  el_after_av_hr  el_before_av_three_fifth  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-12f1edf11566d0bac4c3f34ec8aa2775'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>legal<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-d8afa3d52809b62145c712abb654d90f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>What is the current scope of regulations relating to Blockchain in Thailand today?<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-8  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscyalj7-2ad25b68643e9517389c1de031001cff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>23\/09\/2021<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1uyakr-ed47d840e7a7fea044702c78a90c49d0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>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 <a href=\"https:\/\/www.sec.or.th\/EN\/Pages\/LawandRegulations\/ICOportal.aspx\" target=\"_blank\" rel=\"noopener\">ICO portal<\/a> under the regulations of the SEC.<\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_three_fifth  avia-builder-el-11  el_after_av_two_fifth  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-5d1227595d3916a3f7ca42e3bf8e921c\">\n.avia-image-container.av-kscy8en7-5d1227595d3916a3f7ca42e3bf8e921c .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-5d1227595d3916a3f7ca42e3bf8e921c av-styling- avia-align-center  avia-builder-el-12  el_before_av_image  avia-builder-el-first  radius_10 img av-medium-hide av-small-hide av-mini-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4673 avia-img-lazy-loading-not-4673 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a.png\" alt='Regulations relating to Blockchain in Thailand today?' title='Regulations relating to Blockchain in Thailand today?'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln451w-be4058c43e094099390b2fd428d8fc37\">\n.avia-image-container.av-ksln451w-be4058c43e094099390b2fd428d8fc37 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-ksln451w-be4058c43e094099390b2fd428d8fc37 av-styling- avia-align-center  avia-builder-el-13  el_after_av_image  avia-builder-el-last  radius_10 img av-desktop-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4668 avia-img-lazy-loading-not-4668 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074.png\" alt='What is the current scope of regulations relating to Blockchain in Thailand today?' title='What is the current scope of regulations relating to Blockchain in Thailand today?'  height=\"1200\" width=\"989\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074.png 989w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074-600x728.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074-247x300.png 247w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074-849x1030.png 849w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074-768x932.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/074-581x705.png 581w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><\/div><\/div><\/div><\/p><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-14  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-4667'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-15  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-16  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-ktl4no5e-190c37d77128aedda011a654e8477893'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>The current laws for regulating Cryptocurrencies and ICOs in Thailand are the <a href=\"https:\/\/www.sec.or.th\/EN\/Documents\/ActandRoyalEnactment\/RoyalEnactment\/enactment-digitalasset2018.pdf\" target=\"_blank\" rel=\"noopener\">Emergency Decree on the Digital Asset Businesses<\/a> B.E. 2561 (C.E. 2018) (&#8220;Digital Asset Businesses Decree&#8221;) and the Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 (C.E. 2018) (&#8220;Amendment of the Revenue Code Decree&#8221;).<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkbhig-b252addc8fffb8aa8cb457f5ef80d432\">\n#top .hr.hr-invisible.av-kslkbhig-b252addc8fffb8aa8cb457f5ef80d432{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-kslkbhig-b252addc8fffb8aa8cb457f5ef80d432 hr-invisible  avia-builder-el-18  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscytnto-f4ae9c56c04bf4a15bd98ec286ef7b59'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How do these new laws affect Blockchain?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwtoxvu-6f0238fd2fdf367a058c2fc32faec7ea'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>The Emergency Decree on Digital Asset Businesses B.E. 2561 covers the following areas<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1y1jw-27059bc082c7b4f328b218d3bdd47666'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h4_bleu_clair'  itemprop=\"text\" ><h4>Offering of Digital Tokens<\/h4>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-615d1f27b696ad99b0177472e80baf0d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ul>\n<li>Digital Tokens<\/li>\n<li>Cryptocurrencies<\/li>\n<li>Issuers<\/li>\n<li>ICO Portals<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwudit9-93714301bf2bb7a91871b91a92dfffd0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h4_bleu_clair'  itemprop=\"text\" ><h4>Digital Asset Businesses<\/h4>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwue8yu-0b4a18cc1ddb8f0218646e96fc0913e1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ul>\n<li>Digital Asset Exchange<\/li>\n<li>Digital Asset Broker<\/li>\n<li>Digital Asset Dealer<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8fndl-19cb218a492786cc8fe46a8d80422524'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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 &amp; Bitazza.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwuttci-f6759675d0680b0e250212f5eef9d753'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>The Emergency Decree on the Amendment of the Revenue Code (No. 19) B.E. 2561 deals with<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwuul0t-58c4a3e6c7e2caf33b25fa41117c4c4a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h4_bleu_clair'  itemprop=\"text\" ><h4>New types of income<\/h4>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwuv5nt-b663e873e3733140c94c13a30bb2d7ab'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><ul>\n<li>A share of profit or any benefit derived from holding or having possession of digital tokens<\/li>\n<li>Capital gains from the transfer of cryptocurrencies or digital tokens<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwuwpx0-1cc3880914c97bc622f3b6da47cbe136'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h4_bleu_clair'  itemprop=\"text\" ><h4>Impose Withholding Tax obligations<\/h4>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ktwv2gsv-12618eacdf25799d490a788800fb7046\">\n#top .hr.hr-invisible.av-ktwv2gsv-12618eacdf25799d490a788800fb7046{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-ktwv2gsv-12618eacdf25799d490a788800fb7046 hr-invisible  avia-builder-el-30  el_after_av_textblock  el_before_av_image '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslhz22i-0fe6232c69c38c91fc776935172258c0\">\n.avia-image-container.av-kslhz22i-0fe6232c69c38c91fc776935172258c0 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslhz22i-0fe6232c69c38c91fc776935172258c0 av-styling- avia-align-center  avia-builder-el-31  el_after_av_hr  el_before_av_image  post_photo_landscape av-medium-hide av-small-hide av-mini-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4681 avia-img-lazy-loading-not-4681 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075.png\" alt='Regulations relating to Blockchain in Thailand today?' title='Regulations relating to Blockchain in Thailand today?'  height=\"700\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-600x350.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-300x175.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-1030x601.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-768x448.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-990x578.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/075-705x411.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslnacdn-c7651942bad9f8bf15b4963a98fb3f15\">\n.avia-image-container.av-kslnacdn-c7651942bad9f8bf15b4963a98fb3f15 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslnacdn-c7651942bad9f8bf15b4963a98fb3f15 av-styling- avia-align-center  avia-builder-el-32  el_after_av_image  el_before_av_textblock  post_photo_landscape av-desktop-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4698 avia-img-lazy-loading-not-4698 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"1200\" width=\"989\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078.png 989w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-600x728.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-247x300.png 247w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-849x1030.png 849w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-768x932.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-659x800.png 659w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/078-581x705.png 581w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-ajxf0-aff1e95a5118c108de78a88df231b26d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Anti Money Laundering<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-921lo-5ee0d900573dcf5b9c438aaa5fe4f30d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>In order to combat the rise in popularity of Cryptocurrencies, Thailand\u2019s 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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-72cl0-d225dba1e62d4e773a8ad33d7621ee31'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The revised Anti-Money Laundering Laws in Thailand plan to:<\/p>\n<ol>\n<li>Include Cryptocurrency in the current anti-money laundering systems.<\/li>\n<li>Establish a mandatory clause requiring abnormal behavior to be reported to the AMLO.<\/li>\n<li>Establish a set of legal standards for Cryptocurrency transaction service providers to adhere to.<\/li>\n<\/ol>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2dhax7-75ec390101fdce59dd04473b2c18b292'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What has changed \/ what is currently changing?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ksljw7xh-eb8428c3a431d84c1c75c5d3f2dc8679'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The Thai government is placing a heavy emphasis on the <a href=\"https:\/\/www.industry.go.th\/web-upload\/1xff0d34e409a13ef56eea54c52a291126\/m_magazine\/12668\/375\/file_download\/ff2fb839a8919284a7e5f59ae5dbaa93.pdf\" target=\"_blank\" rel=\"noopener\">Thailand 4.0 Driver<\/a> i.e promoting a value-based economy which focuses on R&amp;D, science and technology, creative thinking, and innovation.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv09f7-a16c7862d210933267c3017bfd2b2710'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>With that in mind, new regulations and guidelines have been introduced to properly regulate Blockchain in Thailand.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv0kyx-b3cf5aeeb7a16020c146bfb1c3e412f9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv65pl-f3a4909c1ef0b0ccb45bfe65b908d285'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Regulation of digital asset portfolios managers<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv6ups-998767dca055005824f00f96b8a896dd'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>In early 2021, the Thai Securities and Exchange Commission (SEC) issued some new regulations to regulate digital asset portfolios managers.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv77nl-b8d3ff1110def61a4b5750b6caf556d0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>A \u2018digital asset investment adviser\u2019 is someone who gives advice pertaining to \u201cCryptocurrency or digital token trading to customers and receives remuneration for their services.\u201d<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwv7s5c-c35398d1dfe793679e19a32b9d19df40'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Managers and investment advisers are legally required to obtain a licence<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8pzyk-31262c0feeaa086f9f0b326a91be6013'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-33lsy3-280c4b00d7a4bdb785857f74f043ac00\">\n#top .hr.hr-invisible.av-33lsy3-280c4b00d7a4bdb785857f74f043ac00{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-33lsy3-280c4b00d7a4bdb785857f74f043ac00 hr-invisible  avia-builder-el-45  el_after_av_textblock  el_before_av_image '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b1iwk-a8421f1be6bc4e2568d4c412399ff8b1\">\n.avia-image-container.av-b1iwk-a8421f1be6bc4e2568d4c412399ff8b1 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-b1iwk-a8421f1be6bc4e2568d4c412399ff8b1 av-styling- avia-align-center  avia-builder-el-46  el_after_av_hr  el_before_av_textblock  post_photo_landscape'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4690 avia-img-lazy-loading-not-4690 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076.png\" alt='Regulations relating to Blockchain in Thailand today?' title='Regulations relating to Blockchain in Thailand today?'  height=\"900\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-600x450.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-300x225.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-1030x773.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-768x576.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-990x743.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/076-705x529.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-k3dm4-bb0e7e1168fff943e2db8f141ee165b6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Revision of the SECS Net Capital (NC) rules<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dgjmc-67db96b66b6aacfe6cd7b702aad5ee2e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-79rk4-897d2aba76f310eba0e77900ac4623b1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwgdwu-5e0e1905f403d1d62ef8e34b310c2150'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What does the potential introduction of Central Bank Digital Currencies (CBDC) mean for the crypto world?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8m8di-952204abd46c7bcbacffd0bd50b0c23b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8mnxy-1ddbb57620e112ac7bb06c63a483d3b9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwhli0-a6769dc3846d79019e37dd96cb648143'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Since the CBDC will form part of the Central Bank&#8217;s securities, it will work alongside other forms of regulated money, like coins, bills, notes, and bonds.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwhyx5-442c2054bc95b5456e01f96735044932'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwicgf-11755416d007d7706b9dc94f19e60088'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwip9w-199391d8ffb5ac6f7f5653998364bf8f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwjcfr-6adbdb3a8dde3763bb8d961b32195c5b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>At this moment intime, China is leading the world in developing a national digital currency, The People\u2019s 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.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-j8ll8-798adbe3b7900321e17b20dff111b4b1\">\n.avia-image-container.av-j8ll8-798adbe3b7900321e17b20dff111b4b1 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-j8ll8-798adbe3b7900321e17b20dff111b4b1 av-styling- avia-align-center  avia-builder-el-58  el_after_av_textblock  el_before_av_textblock  post_photo_landscape av-medium-hide av-small-hide av-mini-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-4695 avia-img-lazy-loading-not-4695 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"900\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-600x450.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-300x225.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-1030x773.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-768x576.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-990x743.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/077-705x529.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-ktwwqu8f-b822a2a7d4f7a2cb73aa65dea5b31a40'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Is CBDC a threat to Cryptocurrencies?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-klczo-f08ed5be3b1c9ef091043f8183c74f9f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwrjl2-6852ef1cba9a92514abe894b299fc039'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Secondly, The investment bank, Morgan Stanley believes that both cryptocurrencies and CBDC can coexist as they serve different purposes and have different appeals.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwrubn-c5f1f8cc7581657859550a0ffbdf6e77'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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\u2019t possess these characteristics.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwws7uw-cff5f1f3e2fe6304b0e89bf9333b1ca6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwsl8q-2822d21744b6514d7d62346296c47b9b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Supporters of Cryptocurrencies see this decentralization and the anonymity this provides as a major advantage.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwsxjw-70ddf487b5ec9338e22cde62d04cd500'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktwwt9hn-19ad1de9ce7375cccd591e23937068dd'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>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.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kslmj9mv-6204bf72786734d3d997fc471000217d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>In conclusion<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-eaegs-6ea0151d64aaeb0e4757d5c198aca6aa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>With the introduction of the Emergency Decrees on Digital Asset Businesses &amp; 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.<\/p>\n<p>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&#8217;s position as a leading blockchain market.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15\">\n#top .hr.hr-invisible.av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15 hr-invisible  avia-builder-el-69  el_after_av_textblock  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-azojo-a5db05410c30079af87f679b6ef91fd8\">\n.flex_column.av-azojo-a5db05410c30079af87f679b6ef91fd8{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\npadding:0px 30px 30px 30px;\nbackground-color:#fafafa;\n}\n<\/style>\n<div class='flex_column av-azojo-a5db05410c30079af87f679b6ef91fd8 av_one_third  avia-builder-el-70  el_after_av_two_third  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-36leej-23e4fd11d3d91d6c556fff5a6934e408\">\n#top .hr.hr-invisible.av-36leej-23e4fd11d3d91d6c556fff5a6934e408{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-36leej-23e4fd11d3d91d6c556fff5a6934e408 hr-invisible  avia-builder-el-71  el_before_av_hr  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174\">\n#top .hr.hr-invisible.av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174 hr-invisible  avia-builder-el-72  el_after_av_hr  el_before_av_image  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkhjve-126012fd3121321360e965a27665ed0a\">\n.avia-image-container.av-kslkhjve-126012fd3121321360e965a27665ed0a .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslkhjve-126012fd3121321360e965a27665ed0a av-styling- avia-align-center  avia-builder-el-73  el_after_av_hr  el_before_av_hr  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/calendly.com\/belaws\/visathailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-blockchain-regulations\" class=\"avia_image\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class='wp-image-6668 avia-img-lazy-loading-not-6668 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png\" alt='Immediate Consultation' title='Immediate Consultation'  height=\"242\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-74  el_after_av_image  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. 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