The government is enhancing its approach to address the evolving nature of technology-related crimes by enacting the Royal Decree on Measures for the Prevention and Suppression of Technology-Related Crimes (No. 2), B.E. 2568 which is effective on 13th April 2025. This amendment aims to improve the legal arrangement to be more comprehensive and responsive to the threats of the digital age.
1) the Protection coverage to Digital Assets
The Royal Decree extends the meaning of “entrepreneur” to inclusive of the operating of the digital assets (e.g. cryptocurrency platforms and digital wallet). This expansion ensures that victims who are affected by these digital businesses can receive legal protection. It also helps to prevent these platforms from becoming channels for criminal activity.
2) Expanding for refunds and compensation for victims
The Royal Decree provides clear procedures and mechanisms for victims to submit fund request without to wait for the court judgement. This will reduce the burden and time required to seek the compensation. Additionally, it provides authorities to freeze or suspend wrongful transactions to prevent damage.
To support these efforts, the government also established the Technology Crime Suppression Operations Center to tasked with handling complaints, coordinating with relevant agencies, and assisting for victims in a systematically and efficiency manner. This helps ease public access to justice and enhances the state’s responsiveness in tackling cybercrime.
3) Greater Accountability of Financial Institutions and Entrepreneur
The Royal Decree provides responsibilities on financial institutions and entrepreneur. They are required to comply with measures specified by the authorities. If failure to do so, such as neglecting to report suspicious transactions, may result in penalties. These provisions encourage to pay more attention to damage prevention
4) Protection of Personal Data and Increased Penalties for Offenders
A key addition in this Decree is the protection of personal data, including data belonging to deceased not only for person, to prevent its misuse in technology-based crimes such as identity fraud or online scams. If there is an offense, penalties may include imprisonment or fines depending on the seriousness of the crime.
This Royal Decree serves as an important tool to ensure public safety in the digital world not only on punishing offenders but also prioritizing victim protection, compensation, and recovery from technology-related crimes.
Royal Decree Targets Cybercrime and Aids Victims_Bangkok Global Law