GCR

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

List of crypto-related companies and exchanges

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: