BTC $66,176.00 (-1.37%)
ETH $1,918.13 (-2.86%)
XRP $1.39 (-4.88%)
BNB $598.69 (-2.85%)
SOL $80.35 (-2.38%)
TRX $0.28 (+0.60%)
DOGE $0.10 (-3.66%)
BCH $550.42 (-1.45%)
ADA $0.27 (-4.24%)
LEO $8.69 (+1.86%)
HYPE $28.41 (-2.25%)
XMR $327.62 (-2.82%)
LINK $8.42 (-3.62%)
CC $0.16 (-5.87%)
XLM $0.16 (-4.42%)
RAIN $0.01 (-1.50%)
ZEC $259.69 (-7.92%)
HBAR $0.10 (-3.99%)
LTC $51.82 (-4.42%)
AVAX $8.80 (-2.73%)

Thailand vs Vietnam

Crypto regulation comparison

← Back to map | Thailand | Vietnam
Thailand

Thailand

Vietnam

Vietnam

Legal
Legal

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.

Vietnam passed the Law on Digital Technology Industry in June 2025 (effective January 2026), officially recognizing crypto as legal virtual assets. However, the SBV still bans crypto as a payment method. The law requires AML/cybersecurity compliance for all crypto activities. Vietnam consistently ranks among the top globally in crypto adoption. Ministry of Finance to issue detailed guidance before 2026.

Tax Type Capital gains
Tax Type Income
Tax Rate 15%
Tax Rate Up to 25% (corporate); individual unclear
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator SEC Thailand, BOT (Bank of Thailand)
Regulator SBV (State Bank of Vietnam), MOF (Ministry of Finance), MIC (Ministry of Information)
Stablecoin Rules SEC Thailand regulates digital tokens including stablecoins
Stablecoin Rules Crypto recognized as virtual assets under Law on Digital Technology Industry; payment use still banned
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)
Key Points
  • Law on Digital Technology Industry (June 2025) recognizes crypto as legal virtual assets
  • SBV still bans crypto as payment method; not recognized as legal tender
  • Vietnam ranks #1 globally in crypto adoption (Chainalysis 2023 index)
  • AML and cybersecurity compliance required for all crypto trading activities
  • Ministry of Finance to issue detailed crypto regulatory guidance before January 2026
Sources
Sources