The Thai Ministry of Finance has just announced that it will exempt income tax on capital gains from Crypto transactions such as Bitcoin conducted through licensed exchanges, during the period from January 1, 2025, to December 31, 2029.

According to the Deputy Minister of Finance of Thailand, this policy aims to strengthen Thailand's position as a global financial center and as one of the pioneering countries in applying laws for digital assets and taxation.

In addition, this policy also aims to encourage Crypto transactions within the framework of regulations by the Thai Securities and Exchange Commission, complying with anti-money laundering policies as recommended by the Financial Action Task Force.