On June 17, 2025, the Cabinet of Ministers of Thailand approved a five-year exemption from capital gains tax for cryptocurrency sales conducted through licensed platforms, such as $BTC . According to Deputy Finance Minister Julapun Amornvivat, this initiative, which will be in effect from January 1, 2025, to December 31, 2029, aims to strengthen Thailand's position as a global financial hub for digital assets. This move is expected to stimulate economic growth, attract foreign investment, and bring in at least 1 billion baht (approximately $30.7 million) in additional tax revenue from the growth of the crypto market.
The exemption only applies to transactions through platforms licensed by the Securities and Exchange Commission of Thailand (SEC), which comply with FATF anti-money laundering standards. At the same time, the government has intensified measures against unlicensed exchanges, blocking access to platforms such as Bybit and OKX. Earlier, Thailand had already canceled VAT on trading digital assets and approved the first spot Bitcoin ETF in 2024.
This policy makes Thailand attractive to crypto investors, fostering the development of blockchain technologies. Stay updated on the crypto market news! Subscribe to #MiningUpdates
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