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Thailand's Supreme Court rules Bitcoin is property, not currency, after a high-profile robbery case.

Market News
28 Oct 2026, 14:32 WIB
Crypto Briefing
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Bullish
Thailand's Supreme Court rules Bitcoin is property, not currency, after a high-profile robbery case.

Thailand's Supreme Court has ruled that Bitcoin is legally classified as property under Thai civil law, following a robbery case on Koh Samui where criminals stole 2.48 BTC from a tourist. The court clarified that Bitcoin is not legal tender but has market value and can be owned, stolen, and subject to restitution. This landmark ruling builds on a 2025 decision and sets a binding precedent for future crypto-related cases in Thailand, strengthening legal protections for victims of crypto crimes. However, Bitcoin remains distinct from official currency, maintaining the Bank of Thailand's stance on digital assets.

Thailand's Supreme Court ruling on Bitcoin as legal property provides context for readers following cryptocurrency developments. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 28, 2026 18:43 WIB: out of 50 major cryptocurrencies priced on Pluang, 46 rose and 3 fell today. Notable movers include DOGE (Dogecoin) with a price of Rp1.457 and a 1-day change of +4.15%, SUSHI (SushiSwap) at Rp3.765 with a 1-day change of +3.79%, and DOT (Polkadot) at Rp18.549 with a 1-day change of +3.77%.

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