Regulatory Licensing Service
How to Apply for a Digital Asset License in Thailand
We assist businesses in obtaining the appropriate Digital Asset License in Thailand so they can legally provide regulated cryptocurrency and digital token services under SEC supervision.
Introduction
Businesses that operate digital asset services in Thailand must obtain approval from the Thai Securities and Exchange Commission (SEC Thailand) before offering services related to cryptocurrencies or digital tokens. These regulations are designed to protect investors, maintain financial stability, and ensure transparency in digital asset transactions.
Digital asset businesses are regulated under the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). Under this framework, companies providing services such as digital asset exchanges, brokerage services, or dealer services must obtain the appropriate license from the SEC.
Operating digital asset services without proper licensing may result in regulatory penalties and legal consequences. Therefore, obtaining a Digital Asset License is a critical requirement for companies that intend to operate within Thailand’s cryptocurrency and blockchain ecosystem.
UnionSPACE Corporate Services assists businesses in preparing and submitting applications to the Thai SEC, helping clients navigate regulatory requirements and obtain the necessary approvals to operate legally in Thailand.
The Scope
Business model and license type assessment
We review the company’s business model, operational structure, and intended digital asset activities to determine the appropriate license category and relevant regulatory requirements.
Corporate structure and capital requirements
We assess the company’s Thai incorporation status, paid-up capital, governance structure, management readiness, and internal controls to confirm eligibility for the application.
Preparing and submitting the application
We assist in preparing the regulatory application, drafting policies and compliance frameworks, compiling supporting documents, and coordinating with the SEC during the review process.
Regulatory approval and license issuance
Once approved, the company receives authorization from the Thai SEC to operate its digital asset business in Thailand, subject to ongoing supervision and continuing compliance obligations.
Main digital asset business categories regulated by the Thai SEC
Digital Asset Exchange
Platforms that facilitate trading between digital assets and fiat currencies or other digital assets.
Digital Asset Broker
Businesses that match buyers and sellers of digital assets without holding the assets on their own account.
Digital Asset Dealer
Businesses that trade digital assets on their own account as part of their licensed business operations.
Corporate structure and capital requirements
Thai company incorporation
The applicant should generally be incorporated as a company in Thailand before applying for the digital asset business license.
Adequate paid-up capital
The company must satisfy the paid-up capital requirement applicable to the specific license category being applied for.
Qualified directors and management personnel
The SEC reviews whether directors and key management have the qualifications and suitability required for regulated digital asset operations.
Transparent corporate governance structure
A clear governance framework and corporate structure are required to support regulatory oversight and operational transparency.
Operational policies and internal controls
The company should maintain clear operating procedures, compliance controls, and internal systems appropriate for a regulated financial business.
What we typically need from the client
Company registration documents
Company registration documents issued by the Department of Business Development and related corporate records.
Company affidavit and shareholder structure
Corporate affidavit and shareholder information showing the legal ownership and control structure of the company.
Business plan describing the digital asset service
A business plan outlining the service model, customer base, revenue structure, and intended digital asset activities.
Corporate governance and internal control procedures
Policies and procedures relating to management oversight, internal controls, compliance systems, and operational governance.
Risk management and cybersecurity policies
Risk control and cybersecurity documentation showing how the business will protect systems, users, and digital asset operations.
AML and customer due diligence procedures
Anti-money laundering, know-your-customer, and customer due diligence frameworks for regulatory review.
Financial projections and capital structure information
Financial forecasts, capital structure details, and supporting evidence of the company’s financial readiness.
Identification documents of directors and key management
Identification and supporting information for directors, executives, and other key persons involved in the regulated business.
Additional documentation may be required depending on the type of digital asset service and regulatory requirements.
Deliverables
Digital Asset Business License
Official authorization issued by the Thai Securities and Exchange Commission for the approved digital asset business activity.
Authorization to operate digital asset services in Thailand
Approval enabling the company to lawfully provide digital asset services in Thailand in accordance with the applicable license scope.
Guidance on regulatory compliance and reporting obligations
Practical guidance on post-license compliance, SEC reporting duties, and continuing regulatory requirements.
Ongoing Compliance
Maintaining adequate capital requirements
Licensed companies must continue to meet the capital thresholds and financial standards applicable to their license type.
Strong cybersecurity and operational security measures
Businesses should maintain appropriate cybersecurity controls and robust operational security systems for digital asset services.
Compliance with AML and investor protection regulations
Licensed operators must comply with anti-money laundering, customer due diligence, and investor protection obligations.
Periodic financial and operational reporting
Companies may be required to submit financial, operational, and compliance reports to the SEC on an ongoing basis.
Transparent governance and operational standards
Businesses must maintain transparent governance, accountable management, and clear operational procedures throughout the license period.
Failure to comply with regulatory requirements may result in fines, suspension, or revocation of the license.
Service Fee
Contact Us
Typical timeline
Consult With Our License & Permit Team
Our multilingual team is ready to assist you.
Thank you Ton for your excellent service and for the step by step guide and genuine support to our company when you are applying for our tourism license.
Saul Goodman
Ceo & FounderWe like your professionalism and the way in keeping us updated with the whole process. We are delighted that we have chosen Unionspace to process our FDA application.
Sara Wilsson
EntrepreneurAlthough applying for a factory license takes about 6 months, we understand it is not your fault. You guys keep up on your end of commitment and that is rare in Thailand. Thank you unionspace.
Jena Karlis
Store OwnerYou helped us obtain our hotel license in only 3 months. That is quick. We also like to commend you on your flawless execution.
Matt Brandon
CEOYour multilingual support works perfectly for us as we all came from different country. We thank you for your support in applying for our business license.
