Thailand’s Supreme Court treated Bitcoin as property capable of being the subject of a property crime, according to local outlet Thaiger and an October 28 BlockBeats report.
Finding concerns a criminal case
The reports describe judgment 4929/2569, involving a victim who converted $50,000 into Bitcoin and transferred it to a criminal group. The court’s reasoning focused on Bitcoin’s market value, ability to be held and traded, and potential conversion into cash when a buyer is available.
The property finding in that case does not confer the legal payment status of the Thai baht.
Local report: Thaiger’s account of the ruling.
Sources: BlockBeats English flash and the original Chinese report, published 2026-10-28 at 12:45 UTC.