The post Thailand Approves Crypto Tax Exemption to Boost Digital Asset Hub Plans appeared on BitcoinEthereumNews.com.

Regulations Thailand’s cabinet has approved a sweeping tax measure to exempt personal income tax on capital gains from digital asset sales made through platforms regulated by the country’s Securities and Exchange Commission (SEC). The initiative, announced by Deputy Finance Minister Chulaphan Amornvivat on X, will take effect from January 1, 2025, and run through December 31, 2030. “The Cabinet has approved tax measures proposed by the Ministry of Finance to promote Thailand as a Digital Asset Hub,” Amornvivat stated, highlighting the government’s commitment to advancing the nation’s digital economy. The policy aims to attract foreign investment, expand Thailand’s crypto market, and boost domestic consumption. Authorities expect the initiative to generate at least 1 billion baht in additional tax revenue over the medium term, even as it introduces new incentives for investors and innovators. In addition to the personal income tax exemption, the government is also considering the introduction of new taxation tools, including a Value-Added Tax (VAT), to modernize its fiscal approach to the digital economy. Thailand remains one of the earliest adopters of comprehensive digital asset regulations in Asia, combining proactive regulatory oversight with tax policy innovations to support the growth of blockchain-based finance and investment. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
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Filed under: News - @ June 17, 2025 2:33 pm