On 12 April 2025, the Emergency Decree on Digital Asset Businesses B.E. 2561, the primary law governing digital assets in Thailand, was amended.
The amendment is called the Emergency Decree on Digital Asset Businesses (No. 2) B.E. 2568 (the “Emergency Decree (No. 2)”) and had effect immediately upon its publication in the Royal Thai Government Gazette.
The primary focus of Emergency Decree (No. 2) is to clarify and codify the extraterritorial application of the original digital asset law. Businesses subject to the law, called “digital asset business operators,” now include those “operating outside the Kingdom of Thailand but providing services to persons within the Kingdom of Thailand, except for those providing services as prescribed by the S.E.C. [The Thai Securities and Exchange Commission].”
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