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#BruneiDarussalam #Malaysia #Myanmar #Philippines #Thailand

0% CAPITAL GAINS TAX on Bitcoin and Crypto profits! 🟢🔥

In a massive move to attract global Web3 investment, the Thai government has officially removed capital gains tax on crypto trades, making Thailand one of the most crypto-friendly nations in Asia.

The policy aims to boost innovation, blockchain startups, and digital asset exchanges, positioning Thailand as a regional hub for crypto finance and tokenized economies.

💡 Why this matters:

Traders and investors can now keep 100% of their profits.

Institutional adoption is expected to skyrocket as tax burdens vanish.

Thailand’s move could pressure neighboring countries to adopt similar reforms to stay competitive.

This comes alongside Thailand’s broader digital asset framework — already regulating exchanges, custodians, and token issuers under clear legal oversight.
Unlike past cycles of hesitation, this time the nation is embracing crypto as a strategic growth engine.

🇹🇭 From tourism to tokenization, Thailand is setting the tone for Asia’s next crypto boom.

The global message is clear:
Tax clarity = Capital inflow.
0% tax = 100% bullish.

#Thailand #Crypto #Bitcoin

Thai authorities have launched a dramatic crackdown that’s sending shockwaves through the crypto space.

The Securities and Exchange Commission (SEC) and the Cyber Crime Investigation Bureau (CCIB) raided a Worldcoin location in Bangkok on October 24, arresting multiple suspects and seizing equipment.

Worldcoin Under Fire
According to an official SEC statement, the operation targeted violations of Thailand’s Digital Asset Business Decree (BE 2561 / 2018) — specifically Sections 3, 26, and 66, which prohibit any cryptocurrency trading activity without a government license.
Investigators claim Worldcoin was operating illegally, exposing users to potential fraud and money-laundering risks. The suspects were detained at the scene and now face criminal prosecution.
“This operation will strengthen our ability to prosecute and suppress unlicensed digital-asset businesses while protecting users from scams,” said Jomkwan Kongsakul, Deputy Secretary-General of the Thai SEC.

SEC Had Already Warned: “Worldcoin Is Operating Outside the Law”
The raid didn’t come out of nowhere. The SEC had previously warned the public against using or promoting Worldcoin, emphasizing that trading WLD tokens via unregistered platforms carries serious risks.
Regulators have also been monitoring how the project was marketed in Thailand, saying several campaigns crossed the line of legal advertising.
“Anyone promoting or offering crypto services in Thailand without a proper license will face criminal prosecution,” the SEC reiterated during a press conference following the raid.

Tough on Crime, Open for Tourism
In a twist of timing, the Thai government is simultaneously launching a pilot program that allows foreign tourists to convert crypto into baht via licensed exchanges.
The initiative — set to run for 18 months — aims to boost tourism spending while maintaining strict anti-money-laundering safeguards.
“We want to support the economy without compromising financial security,” said Finance Minister Pichai Chunhavajira.

Conversion limits are capped at 550,000 baht (around $17,000) per visitor.

Thailand’s Message: No Exceptions in the Crypto Market
The joint SEC-CCIB action sends a powerful signal — Thailand is serious about cleaning up its digital-asset sector.

Worldcoin has become the first major test of this tougher stance: no loopholes, no excuses, and no tolerance for unlicensed operations.
With regulators tightening control even as the government promotes legitimate crypto use, Thailand may soon emerge as one of Asia’s most balanced — and closely watched — digital-asset markets.


#thailand , #Worldcoin , #CryptoNews , #CryptoSecurity , #CryptoCommunity

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In a decision that’s capturing global attention, Thailand’s judiciary has **approved the extradition of a high-profile foreign national**, marking a pivotal moment in the country’s legal and diplomatic landscape. The ruling reflects Thailand’s growing commitment to international cooperation and its evolving role in addressing complex cross-border legal matters.

According to court officials, the verdict followed **extensive deliberation** over the evidence presented by both domestic and international authorities. The case, which has drawn significant media coverage, revolves around allegations of financial misconduct and international law violations — issues that have become increasingly common in an interconnected global economy.

The court’s approval doesn’t automatically mean immediate transfer, as the final handover will require coordination between the **Thai Ministry of Foreign Affairs** and the requesting nation. However, this decision clears the most critical legal hurdle and sets the stage for what could become one of the most closely watched extraditions in recent years.

Observers see this as a reflection of Thailand’s **strengthening judicial independence** and willingness to uphold international law. The country has long been a hub for global trade, finance, and digital business — but with that comes the challenge of navigating jurisdictional gray areas and cross-border enforcement.

The decision also signals to the international community that Thailand is ready to act decisively in cases where evidence and diplomacy align. Analysts believe this move could strengthen Thailand’s partnerships with key allies, particularly those emphasizing anti-corruption, cybercrime prevention, and financial transparency.

While the identity of the individual and specific charges have not been disclosed publicly in detail, the case’s implications stretch beyond the courtroom. It raises critical questions about **sovereignty, justice, and accountability** in an era where borders are increasingly digital, and financial crimes are global by design.

As the extradition process moves forward, both nations are expected to tread carefully — balancing legal precision with diplomatic sensitivity. For Thailand, this ruling is more than just a court order; it’s a statement about its place in a rapidly changing international legal order.

The world will be watching as the next chapter of this case unfolds — a moment that could redefine how nations cooperate in the pursuit of justice beyond borders.
#thailand #crypto #CryptoUpdate #breakingnews