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Thailand Waives Crypto Capital Gains Tax: Check Details
Thailand Waives Crypto Capital Gains Tax: Check Details
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Thailand is positioning itself as a cryptocurrency-friendly jurisdiction with a five-year exemption on capital gains tax for digital asset sales. The policy, effective January 1, 2025 through December 31, 2029, removes income tax liabilities for individuals trading cryptocurrencies.
The move signals aggressive regulatory competition in Southeast Asia's blockchain sector. While no specific coins are mentioned, the tax holiday applies universally across all digital assets traded on platforms like Binance, Bybit, and Coinbase. Market observers anticipate increased trading volume as Thailand becomes a more attractive hub for retail and institutional crypto activity.
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