Thailand's Bold Move in Crypto: Tax-Free to Boost the Digital Economy
Bangkok, Thailand - In a surprising yet strategic move, the Thai government has announced a significant tax exemption policy for crypto assets. This decision is part of the ambitious efforts of the Land of White Elephants to position itself as a global digital asset hub in Southeast Asia. Capital Gains Tax Exemption One of the main points of this policy is the exemption from tax on capital gains from the sale of crypto assets, including Bitcoin. This policy is valid for five years, from January 1, 2025, to December 31, 2029. However, there is an important condition that must be met: this exemption only applies to transactions conducted through digital asset service providers that have an official license from the Securities and Exchange Commission of Thailand (SEC).
Based on the results of the Federal Open Market Committee (FOMC) meeting last night, The Fed made the following decisions: * Interest Rate Cut: The Fed decided to lower the benchmark interest rate (Fed Funds Rate) by 25 basis points (bps) to a range of 4.00%-4.25%. This decision aligns with market expectations. * Interest Rate Projections: Based on the latest "dot plot," The Fed signaled that there will be two more interest rate cuts before the end of this year. However, there are differing opinions among Fed officials, with some indicating a more aggressive cut and others being more conservative. * Economic Conditions: The Fed stated that economic activity growth in the first half of this year has slowed and job growth has also slowed. Although the unemployment rate has slightly increased, it remains low. Inflation is still at a somewhat high level. Overall, this decision marks The Fed's first step in cutting interest rates after holding them steady for some time. This step is taken to support economic growth amid signs of a slowdown. $BTC $BNB $SUI moon
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Meaning: there is a signal that selling pressure is starting to weaken and buying pressure is emerging from below — often considered a sign of potential upward reversal (bullish reversal) if confirmed by the next candle.
If it appears after a downtrend and its wick is long downward → it is called a hammer If it appears after an uptrend and its wick is long upward → it is called a hanging man
So the answer for the green candle is: Hammer / Bullish Hammer ✅ Can you guess which coin chart this is? $PARTI $SUI $BNB
I have done all this, because the target has been achieved 😎 #DeFiGetsGraded
Forum Crypto Indonesia
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$SUI strong support at $3.3 I'm entering now, clear under $3.3. but it can resist at $4, $PARTI support at Rp 3,000 but can go to Rp 3,200. clear under Rp 2,700, what do you think?
$SUI strong support at $3.3 I'm entering now, clear under $3.3. but it can resist at $4, $PARTI support at Rp 3,000 but can go to Rp 3,200. clear under Rp 2,700, what do you think?
What Is Bitlayer? Bitlayer is built on the BitVM (Bitcoin Virtual Machine) paradigm, allowing for Turing-complete smart contract execution on Bitcoin. By combining technologies such as BitVM and Zero-Knowledge (ZK) Proofs, Bitlayer enables the development and launch of various types of decentralized applications (dApps) on Bitcoin. #Bitlayer @BitlayerLabs Have you guys followed the campaign?
$SUI I haven't yet 🤪 ... waiting for $3.9 - $4 , $PARTI I have already 🤑 , it turns out to exceed the previous target of rp 3000 I to rp 3400 , $BNB still hold until resist at $800 😚 ....keep #DYOR🟢