Thailand exempts Crypto tax until 2029 – A major boost for the cryptocurrency market!🚀

The cryptocurrency market has just received a positive signal from Asia: The Thai Ministry of Finance has announced an exemption from income tax on profits (capital gains tax) for crypto transactions such as Bitcoin conducted on licensed exchanges, applicable from January 1, 2025, until December 31, 2029.

🎯 This is not only a tax incentive but also a strategic move to strengthen Thailand's position as a global financial hub, while promoting the legal and sustainable adoption of digital assets.

According to the Thai Deputy Minister of Finance, the new policy will:

Encourage domestic and foreign investors to trade within a legal framework.

Increase transparency when trading on exchanges supervised by the Securities and Exchange Commission of Thailand (SEC).

Ensure financial safety, as all transactions must comply with anti-money laundering regulations according to international standards set by the Financial Action Task Force (FATF).

🌍 This move demonstrates the strong commitment of the Thai government to integrate with the global Web3 trend, while creating a favorable and clear environment for crypto businesses and investors.

🔑 With the attractive tax policy extended until 2029, Thailand is becoming an appealing destination for the crypto community, promising to create significant momentum for capital flow and innovation in the regional blockchain ecosystem. #thailand #anhbacong