Thailand Unveils Crypto Tax Break to Supercharge Digital Economy Innovation!

Jakarta, Pintu News – The Thai government recently announced a policy of exempting personal income tax on profits from the sale of digital assets such as Bitcoin (BTC) and Ethereum (ETH).

This move is expected to strengthen the country’s position as a global digital asset hub and drive economic growth through technological innovation.

New Strategy for Economic Growth

The policy, which will come into effect on January 1, 2025, exempts personal income tax from gains made through platforms regulated by the Securities and Exchange Commission of Thailand (SEC).

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The aim is to attract more blockchain companies to Thailand and increase crypto trading activities.

According to Deputy Finance Minister Chulaphan Amornvivat, this policy will not only promote transparent trade but also support technology and innovation.

It is expected to stimulate Thailand’s sustainable economic growth and increase tax revenue in the medium term by no less than 1 billion baht ($28,000).

Influence on Investment and Regulation

With this tax exemption, Thailand hopes to attract foreign investment and strengthen confidence in the domestic crypto market.

This move also puts Thailand among the first countries to have clear tax regulations for digital assets.

Thailand’s Department of Revenue is working to comply with OECD data exchange standards, which will make digital transactions more transparent and easily auditable. This is part of a broader strategy to integrate digital assets into the country’s financial system and modernize the financial ecosystem.

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Expansion and Long-term Impact

In addition to tax exemptions, the Thai government is also considering introducing a Value Added Tax (VAT) on digital asset transactions. This shows that Thailand is serious about regulating the crypto ecosystem and ensuring that the growth of this market contributes to the overall economy.

This policy is expected to not only stimulate innovation and economic growth but also strengthen Thailand’s position as a leader in responsible crypto regulation.

As such, Thailand is poised to compete in the global digital economy and offers great opportunities for local entrepreneurs to thrive on the global stage.

Overall, this latest crypto tax exemption policy is a significant step by the Thai government in encouraging the growth of the digital economy.

By removing tax barriers, Thailand opens the door wider for participation in the crypto market, from everyday investors to tech startups. This signals Thailand’s commitment to lead the way in responsible and innovative crypto regulation.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto Briefing. Thailand Crypto Tax Relief for Innovation. Accessed on June 18, 2025
• Crypto Times. Thailand Approves Crypto Tax Break to Boost Innovation. Accessed on June 18, 2025
• The Crypto Basic. Thailand Approves Tax Breaks to Boost Crypto Market Growth. Accessed on June 18, 2025