Thailand Approves Crypto Tax Exemption Until 2029

Thailand Approves Crypto Tax Exemption Until 2029
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The post Thailand Approves Crypto Tax Exemption Until 2029 appeared first on Coinpedia Fintech News
Thailand has approved a five-year personal income tax exemption on profits from digital assets. The new policy will take effect from January 1, 2025, and run through December 31, 2029 — marking a significant shift in the country’s digital asset strategy.
Thailand’s Big Leap Towards Becoming a Digital Asset Hub
Deputy Minister of Finance Chulaphan Amornvivat confirmed the Cabinet’s decision in a post on X (formerly Twitter). He revealed that capital gains from crypto trading will now be exempt from personal income tax, provided the transactions are made through platforms supervised by the Securities and Exchange Commission (SEC).

“I have good news! The Cabinet has approved tax measures to promote Thailand as a Digital Asset Hub by exempting personal income tax for crypto profits made through SEC-supervised operators,” Chulaphan announced.

Why Thailand Approved t

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