NFT under Thai law
The Currency Act, Digital Assets, comprises cryptocurrencies and digital tokens. Although it was called “currency,” it is not legal currency. It cannot be used to pay debts (as currency) because the Currency Act B.E. 2501 Section 6 has stated that “currency denotes coins and currency notes” and in Section 7 it states that “a unit of currency is the “baht”: one baht is divided into one hundred satangs.”
