Is LBank available in Thailand?
LBank is not licensed by the Securities and Exchange Commission of Thailand. Thailand has expanded its rules to foreign platforms that serve Thai users and began blocking access to unlicensed digital asset platforms from 28 June 2025, so treat LBank as not available to residents of Thailand through a licensed route.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, LBank is not licensed by the Securities and Exchange Commission of Thailand to provide digital asset services. Under the Emergency Decree on Digital Asset Businesses, a platform that serves Thai users must hold a Thai licence, and from 28 June 2025 the Thai SEC began blocking access to unlicensed foreign platforms. Treat LBank as not available to residents of Thailand through a licensed route and verify the current position before acting.
Availability for Thailand residents
Thailand regulates crypto under the Emergency Decree on Digital Asset Businesses, supervised by the Securities and Exchange Commission, Thailand. A digital asset exchange that serves Thai users is required to hold a licence, and in 2025 the framework was expanded so that foreign platforms targeting Thai users, through Thai language content, baht payment methods, or local marketing, also fall within scope.
As of 26 June 2026, LBank does not hold a Thai digital asset licence. From 28 June 2025 the Thai SEC began restricting access to several unlicensed platforms, with an initial set that included Bybit, CoinEx, 1000X, OKX, and XT.COM, and it advised users to withdraw assets before the blocking date. The enforcement reflects a broader move to bring foreign platforms within the Thai licensing regime.
Because LBank is not licensed by the Securities and Exchange Commission, Thailand, the licensed route is treated here as not available, and the position should be confirmed directly with the regulator.
Access, KYC, and products
LBank is a global crypto exchange that offers spot and derivatives trading. It is a custodial platform, which means it holds the assets in an account on the user behalf rather than giving the user the private keys, and it requires identity verification, known as know your customer, before trading.
In Thailand the practical question is licensing. A platform that serves Thai users must hold a licence from the Securities and Exchange Commission, and unlicensed platforms can be blocked at the network level. Because LBank is not licensed, residents should treat access as not available through a compliant route and confirm the regulatory position rather than the day to day mechanics.
How crypto is taxed in Thailand
Thailand taxes crypto for individuals, with the Revenue Department as the tax authority. Gains can be treated as assessable income, and specific reliefs and withholding rules have applied to trading through licensed Thai platforms, with the detail depending on personal circumstances and current policy.
Rules and reliefs change, so confirm the current treatment with the Revenue Department or a qualified adviser. See the Thailand crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).
Regulator and sources
The Thailand regulator is the Securities and Exchange Commission, Thailand, and the tax authority is the Revenue Department. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Securities and Exchange Commission, Thailand, licensing register and notices under the Emergency Decree on Digital Asset Businesses.
- Reporting that the Thai SEC began blocking access to unlicensed crypto platforms from 28 June 2025, with an initial set of named platforms.
- The 2025 expansion of the Thai framework to foreign platforms that serve Thai users.
- Revenue Department, guidance on the taxation of digital asset income in Thailand.
Frequently asked questions
Is LBank available in Thailand?
As of 26 June 2026, LBank is not licensed by the Securities and Exchange Commission of Thailand, and Thailand blocks unlicensed foreign platforms that serve Thai users. Treat it as not available through a licensed route and verify the current position.
Is LBank licensed by the Thai SEC?
No. As of 26 June 2026, LBank does not hold a digital asset licence from the Securities and Exchange Commission, Thailand, which a platform serving Thai users is required to hold.
Is it legal to own crypto in Thailand?
Yes. Holding, buying, and selling crypto is legal in Thailand and is supervised under the Emergency Decree on Digital Asset Businesses. The open question on this page is the licensing of the LBank platform, not whether owning crypto is allowed.
Does Thailand block unlicensed exchanges?
Yes. From 28 June 2025 the Thai SEC began blocking access to unlicensed platforms, with an initial set that included Bybit, CoinEx, 1000X, OKX, and XT.COM, and advised users to withdraw assets first.
How is crypto taxed in Thailand?
Thailand can treat crypto gains as assessable income, with the Revenue Department as the tax authority, and specific reliefs have applied to trading through licensed Thai platforms. See the Thailand crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check the Securities and Exchange Commission, Thailand notices and licensing register, and LBank own published updates. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability and licences can change at short notice, and Thailand has been actively blocking unlicensed foreign platforms. The position on this page is dated 26 June 2026. Confirm the current status with the Securities and Exchange Commission, Thailand and the platform before you act.
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