Market
What will be the main regulatory change in Thailand regarding cryptocurrency by end of 2025?
2
Resolution / Starting Odds
Crypto payments legalized • 25%
Crypto payments remain banned • 25%
New crypto regulations introduced • 25%
No significant change • 25%
Official announcements from the Thai government or credible financial news outlets
Story
Thailand Considers Bitcoin Pilot Project in Phuket Proposed by Ex-PM Thaksin, Supported by Binance Thailand CEO
Dec 26, 2024, 02:01 AM
Thailand is considering a Bitcoin pilot project in Phuket, proposed by former Prime Minister Thaksin Shinawatra, aimed at enhancing tourism in the region. The initiative has received support from the CEO of Binance Thailand. However, the Bank of Thailand currently prohibits crypto payments, which presents a challenge for the project's implementation. This pilot could serve as a test case for how the country balances regulatory measures with the growing interest in cryptocurrency and Web3 technologies.
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Yes • 50%
No • 50%
Other • 25%
Introduction of a digital dollar • 25%
Tax exemption for crypto • 25%
Stricter regulations • 25%
Stablecoin payments • 25%
Regulated online gambling • 25%
Other factors • 25%
Bitcoin ETFs • 25%
Partial regulation • 25%
Ban • 25%
No regulation • 25%
Full regulation • 25%
Approved with restrictions • 25%
Decision postponed • 25%
Rejected • 25%
Fully approved • 25%
FINRA • 25%
CFTC • 25%
Other • 25%
SEC • 25%
SEC crypto regulations • 25%
IRS crypto tax reporting rules • 25%
CFTC crypto derivatives rules • 25%
Other • 25%
Stricter regulations • 25%
Other changes • 25%
No significant change • 25%
Looser regulations • 25%
Ahead of Singapore but behind Hong Kong • 33%
Behind both Singapore and Hong Kong • 33%
Ahead of Hong Kong but behind Singapore • 33%
Ahead of both Singapore and Hong Kong • 33%
No significant change • 25%
Increased regulations • 25%
Other • 25%
Decreased regulations • 25%
Tightening regulations • 25%
Loosening regulations • 25%
No change • 25%
Unclear outcome • 25%
