Navigating Thailand’s Crypto-to-Fiat Regulatory Sandbox

In this session, Pear from Siam Legal evaluates the operational phase of the TouristDigiPay initiative, an 18-month regulatory sandbox that officially launched in the final quarter of 2025. Pear examines the structural collaboration between licensed digital asset operators and the Bank of Thailand, explaining how cryptocurrency is converted into baht within a supervised e-wallet ecosystem. This technical review highlights the mandatory KYC (Know Your Customer) and CDD (Customer Due Diligence) protocols that govern the nationwide QR payment system. Pear also analyzes the strict fiscal caps placed on merchants (ranging from 50,000 to 500,000 Baht) and explains the legal implications for businesses looking to integrate digital currency payments under this new state-monitored framework. Learn more here: https://www.siam-legal.com/thailand-law/thailand-launches-crypto-to-baht-touristdigipay-sandbox/ ------------------------------------------------------------------------------------------------ SIAM LEGAL INTERNATIONAL (Bangkok Office) 18th Floor, Unit 1806 Two Pacific Place, 142 Sukhumvit Rd, Khlong Toei, Bangkok 10110, Thailand Phone: TH: +66 2254 8900 Email: [email protected] Website: https://www.siam-legal.com/ ------------------------------------------------------------------------------------------------ Follow us across platforms: 📌Facebook: https://www.facebook.com/SiamLegal/ 📌Instagram: https://www.instagram.com/siamlegal/ 📌X: https://x.com/SiamLegal 📌TikTok: https://www.tiktok.com/@siamlegal 📌LinkedIn: https://www.linkedin.com/company/siam-legal/ 📌YouTube: https://www.youtube.com/@SiamLegal