A Quick Guide to Cryptocurrency-related Regulators and Companies in Thailand

Overview

Bitcoin, Ethereum, Bitcoin cash, Ethereum classic, Litecoin, Ripple, and Stellar are all fully legal in Thailand. In addition to this, Thailand has created a definitive regulatory process for new ICO’s, which is helpful for investors who are growing wary of possible malfeasance in the burgeoning ICO market. The Thai central bank is also looking to introduce one of the world’s first Central Bank Digital Currencies (CBDC), and has already legalized the use of major cryptos within Thai borders.


Important Regulators to Know

Important Regulators to KnowQuick Description
Securities and Exchange Commission of ThailandIndia’s central banking institution, which controls the monetary policy of the Indian rupee
Bank of ThailandCentral bank of Thailand
Electronic Transactions Development Agency

List of crypto-related companies and exchanges

CompaniesExchanges
OmiseGoBX Thailand
Loom Network
Pundi X

comment: Thailand regulators have been issuing clear statements on cryptocurrency and are encouraging projects within and outside of Thailand to acquire its legal licenses to operate in Thailand

Other Reads:

To learn more about the rest of Asia, start off with our GCR Asia Assessment grid:

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