Thailand Introduces 5-Year Tax Break for Crypto Investors to Boost Market Position

Thailand is positioning itself as a leading crypto-friendly hub with a bold new tax exemption policy. Starting in 2025, investors will enjoy a five-year capital gains tax holiday on digital asset transactions conducted through licensed platforms. The measure aims to attract global capital and fintech innovation, with projections suggesting an economic boost of at least 1,000 million baht ($30.7 million) by 2029.

Deputy Finance Minister Julapun Amornvivat confirmed the policy will run through December 31, 2029, as part of a strategic push to integrate cryptocurrencies into Thailand's financial ecosystem. The move places the country in direct competition with established crypto centers like Dubai and Singapore, signaling a significant shift in regional financial dynamics.