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Thailand has announced a five-year waiver on capital gains taxes for crypto sales through licensed platforms, aiming to establish itself as a global digital asset hub. The move, effective from 2025 to 2029, is part of a broader strategy to attract international investors and businesses. However, platform access restrictions may limit foreign participation.
- Thailand will exempt capital gains taxes on crypto sales via licensed platforms from 2025 to 2029, aiming to become a global digital asset hub.
- The policy requires transactions to go through SEC-regulated platforms, ensuring compliance with anti-money laundering standards.
- Experts predict Thailand's crypto holdings could reach $1 trillion by 2030, but foreign participation may be limited due to platform access restrictions.
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