#DigitalAssetBill #DigitalAssetBill Extraterritorial Application to Foreign Platforms

The Emergency Decree on Digital Asset Businesses (No. 2) B.E. 2568 (2025) extends regulatory requirements to foreign digital asset service providers that offer services to users in Thailand. Such platforms must now obtain licenses from the Thai Securities and Exchange Commission (SEC) and comply with Thai regulations. The law specifies that platforms are considered to be operating in Thailand if they:

• Provide services in the Thai language.

• Accept payments in Thai baht.

• Market or target Thai users.

2. Enhanced Cybercrime Prevention Measures

The decree grants Thai authorities increased powers to suspend telecommunications services and remove illegal digital content linked to cybercrime activities. This includes the authority to block unlicensed digital asset platforms and take decisive action against financial and cybercriminal activities.

3. Clarification of Regulatory Scope

The amendments provide clearer definitions of what constitutes a digital asset business operating within Thailand, ensuring that both domestic and foreign entities are subject