Thailand Exempts Crypto Capital Gains to Boost Global Hub Ambitions

In brief

  • Thailand will waive capital gains taxes on crypto sales through licensed platforms from 2025 to 2029.
  • The move is part of a broader push to position the country as a global digital asset hub.
  • Experts say Thailand’s crypto holdings could surge, but platform access restrictions may limit foreign participation.

Thailand has eliminated capital gains taxes on crypto sales for the next five years, marking the Southeast Asian nation’s most aggressive push yet to position itself as a premier global financial hub for digital assets.

The Thai Cabinet approved the sweeping tax exemption on Tuesday, waiving personal income taxes on crypto capital gains from sales conducted through licensed digital asset service providers from January 1,…

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