What they’re not telling you
The catch behind the Thai tax-free crypto dream
Thailand is rolling out the crypto red carpet, but before you jump in, there’s more to this tax holiday than meets the eye. Yes, it’s true, from Jan. 1, 2025, all capital gains on crypto transactions made through licensed platforms will be tax-free until the end of 2029.
At first glance, Thailand’s crypto tax exemption sounds like a trader’s paradise. No capital gains tax for five years?
But here’s the kicker: The waiver only applies if you’re using licensed local exchanges, like Bitkub or Bitazza, which are regulated by the Thai SEC.
If you’re trading on Bybit, OKX, or any offshore platform that doesn’t have local…
