Thailand announces the beginning of the cryptocurrency '0 tax' era

The Thai Ministry of Finance has announced a tax incentive policy: a 0% capital gains tax on cryptocurrency gains.

This new policy will officially take effect on January 1, 2025, and will continue until 2029.

Tax-exempt objects: Covering Bitcoin, Ethereum, and other digital assets traded on licensed local platforms in Thailand.

Applicable scope: Whether local investors or international investors, as long as they trade through compliant channels, their profits will be completely exempt from capital gains tax.