Thailand’s ruling on Bitcoin as property says it is not money
Photo: The Cryptonomist
Bitcoin qualifies as property, but not money, under Thailand’s Bitcoin property ruling issued on October 28, 2026. The Supreme Court’s decision arose from a robbery on Koh Samui in which a tourist was forced to transfer 2.480801 BTC , worth about $50,000 at the time. Key takeaways Bitcoin falls within Thailand’s civil-law definition of property. Five defendants each received a 10-year prison term and a restitution order. The full-bench decision binds lower courts in similar property disputes. Bitcoin’s legal tender status remains unchanged.
Source: The Cryptonomist
