Thailand has approved a personal income tax exemption policy for profits from the sale of digital assets, including #Bitcoin and other cryptocurrencies, from January 1, 2025, to December 31, 2029.

📃 According to Thailand's Deputy Finance Minister Julapun Amornvivat, this policy applies to transactions conducted through platforms licensed by the Securities and Exchange Commission of Thailand (SEC).

🔥 The goal is to promote Thailand as a global digital asset hub, attract investment, stimulate the economy, and enhance transparency in the cryptocurrency market, while complying with the international standards of the OECD and FATF.

This policy is expected to generate more than 1 billion baht (approximately 30.7 million USD) in indirect revenue for the economy in the medium term.