🇹🇭 Thailand’s Supreme Court has officially recognized Bitcoin as legal property under the country’s Civil and Commercial Code. The ruling, took on October 28, 2026, followed a robbery case on Koh Samui, where five foreign nationals assaulted a tourist and forced the transfer of 2.4 $BTC . The defendants received 10-year prison sentences and were ordered to return the stolen Bitcoin or provide equivalent financial compensation.
The court determined that Bitcoin qualifies as property because it holds measurable market value, can be exchanged for cash, and can be owned or transferred between individuals. However, the ruling does not classify Bitcoin as legal tender or require businesses to accept it as payment. The decision reinforces legal protections for crypto holders and provides important judicial guidance for future cases involving digital asset theft, ownership disputes, and financial restitution.
#BTC #BinancePick #BinanceReopensWithdrawalsForMoreAssets
#Binance98PercentReplenished
#USMidterms-WhatAreMarketsExpecting? $ETH $APPB
The court determined that Bitcoin qualifies as property because it holds measurable market value, can be exchanged for cash, and can be owned or transferred between individuals. However, the ruling does not classify Bitcoin as legal tender or require businesses to accept it as payment. The decision reinforces legal protections for crypto holders and provides important judicial guidance for future cases involving digital asset theft, ownership disputes, and financial restitution.
#BTC #BinancePick #BinanceReopensWithdrawalsForMoreAssets
#Binance98PercentReplenished
#USMidterms-WhatAreMarketsExpecting? $ETH $APPB
