CROWDFUNDINSIDER · 2026-10-30 00:52 UTC

Thailand's Supreme Court Finally Recognizes Bitcoin (BTC) as Property Under Existing Civil and Criminal Law

Thailand's Supreme Court ruled on October 28, 2026 that Bitcoin qualifies as property under existing civil and criminal law, grounding the decision in Sections 137-138 of the Civil and Commercial Code and the 2018 Emergency Decree on Digital Asset Businesses. The ruling arose from a 2022 robbery case where a tourist was forced to convert $50,000 into 2.48 BTC; the court affirmed a ten-year sentence and ordered return of the Bitcoin or cash equivalent. The court determined Bitcoin has ascertainable market price, can be converted to cash, and can be controlled by holders, thus satisfying…

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