Thailand

Thailand has launched TouristDigiPay, a new scheme letting foreign visitors pay in crypto, which is automatically converted to Thai baht. The 18-month pilot includes ID checks, spending limits, and aims to make payments easier while boosting tourism and investment.

Thailand is testing a crypto sandbox to let tourists change digital assets into Thai baht for local spending. Approved exchanges will handle the conversions, with spending limits and ID checks to meet national rules.

Moo Deng the hippo turned one, sparking a four-day festival at a Thai zoo and renewed interest in her memecoin. The MOODENG token surged over 17% on her birthday, driven by fan hype, whale activity, and Solana’s growing memecoin market.

Thailand’s Ministry of Finance has announced a sweeping tax exemption on capital gains from the sale of cryptocurrencies, including Bitcoin, for a five-year period, in a move designed to position the nation as a leading global financial hub for digital assets.

Thailand has approved a five-year income tax exemption on crypto trading profits from 2025 to 2029, applying to sales through licensed platforms. The move aims to spur blockchain innovation while maintaining investor protection through regulatory oversight.

A Chinese man was arrested at Don Mueang Airport while trying to flee to Singapore after being accused of stealing over $6 million in Bitcoin from two investors. Thai police had been tracking him since April and stopped him just before he boarded the flight.

Amidst escalating kidnapping threats targeting crypto owners, the Bitcoin Family has adopted a novel security approach—dispersing their seed phrases across four continents.

Thailand’s SEC is banning five major crypto exchanges on June 28, 2025, because they operated without proper local licenses. The ban aims to protect investors and prevent these platforms from being used for money laundering and illegal activities.

"Madam Ngo", a fugitive behind a massive crypto fraud, was caught in Thailand after scamming over 2,600 people. She now faces extradition to Vietnam for trial.

Thailand is exploring crypto-linked credit card payments for tourists while also considering merging its digital asset and securities regulations to streamline oversight and boost market participation.