Thailand has officially exempted crypto income from taxes for five years, signaling a major step toward becoming a digital asset hub in Southeast Asia. The Ministry of Finance announced the new directive in its Government Gazette (Decree No. 74/2568), confirming the tax holiday for individuals and entities profiting from crypto investments.
The tax exemption applies to capital gains from the sale, exchange, or use of digital assets, including cryptocurrencies and tokens recognized under Thai law. The move is part of a broader strategy to attract blockchain innovation and Web3 businesses, offering regulatory clarity and financial incentives.Analysts suggest this could boost regional investment and make Thailand a magnet for crypto startups and retail traders alike. While other countries struggle to define their crypto tax codes, Thailand is offering a clear and investor-friendly path forward.
