OKX Banner
BTC $76,655.00 (-0.73%)
ETH $2,093.84 (-0.78%)
BNB $657.14 (-0.55%)
XRP $1.34 (-1.30%)
SOL $84.30 (-1.72%)
TRX $0.37 (+1.79%)
DOGE $0.10 (-1.52%)
HYPE $59.75 (-5.86%)
ZEC $614.15 (-6.95%)
LEO $9.99 (-0.51%)
ADA $0.24 (-1.14%)
XMR $385.59 (-1.54%)
BCH $349.01 (-0.33%)
LINK $9.49 (-0.23%)
CC $0.16 (-1.33%)
TON $1.89 (+3.51%)
XLM $0.15 (-3.22%)
SUI $1.04 (-0.21%)
LTC $52.27 (-1.15%)
AVAX $9.26 (-0.86%)

Norway vs Thailand

Crypto regulation comparison

← Back to map | Norway | Thailand
Norway

Norway

Thailand

Thailand

Legal
Legal

Cryptocurrency is legal in Norway and regulated by Finanstilsynet. Norway taxes crypto capital gains at 22% and includes crypto holdings in the annual wealth tax calculation (net wealth above NOK 1.7M taxed at ~1.1%). VASPs must register with Finanstilsynet. Norway is an EEA member and aligning with MiCA through the EEA agreement.

Thailand has a comprehensive crypto regulatory framework under the Digital Asset Business Emergency Decree (2018). The SEC Thailand licenses digital asset exchanges, brokers, and dealers. Crypto gains are taxed at 15% withholding tax, though the government exempted VAT on crypto trading on authorized exchanges from 2022. Thailand has a well-developed exchange ecosystem with Bitkub as the dominant platform.

Tax Type Wealth and capital gains
Tax Type Capital gains
Tax Rate 22% (gains) + 1.1% (wealth)
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Finanstilsynet (Financial Supervisory Authority)
Regulator SEC Thailand, BOT (Bank of Thailand)
Stablecoin Rules No specific stablecoin regulation; general financial rules apply
Stablecoin Rules SEC Thailand regulates digital tokens including stablecoins
Key Points
  • Crypto capital gains taxed at 22% flat rate
  • Crypto included in wealth tax base (~1.1% on net wealth above threshold)
  • VASPs must register with Finanstilsynet and comply with AML/CFT requirements
  • Norway is a major crypto mining hub due to cheap hydroelectric power
  • EEA member; MiCA implementation expected through EEA Agreement adaptation
Key Points
  • Digital Asset Business Emergency Decree B.E. 2561 (2018) provides comprehensive regulation
  • SEC Thailand licenses exchanges, brokers, dealers, and fund managers for digital assets
  • 15% withholding tax on crypto gains; VAT exempted on authorized exchange trades since 2022
  • BOT restricts crypto for payments but allows it as an investment asset
  • Bitkub is the dominant exchange (~90% market share domestically)
Sources
Sources
OKX Banner