🚨Just in: Thailand Moves to Become Global Bitcoin Hub with New Tax Exemptions on Capital Gains. (Translation below:)
The Ministry of Finance has issued a tax measure to promote Thailand as a global Bitcoin hub.
On June 17, 2025, the Cabinet approved in principle the tax measure to promote Thailand as a global Bitcoin hub, according to the draft ministerial regulation issued under the Revenue Code regarding tax exemptions, as proposed by the Ministry of Finance.
Mr. Julapun Amornvivat, Deputy Minister of Finance, stated, “This tax measure to promote Thailand as a global Bitcoin hub involves exempting personal income tax on capital gains from the sale of Bitcoin through digital asset business operators licensed under the Digital Asset Business Act B.E. 2561 (2018), including digital asset exchanges, brokers, and dealers. This exemption applies from January 1, 2025, to December 31, 2029. The measure supports the government’s policy to position Thailand as one of the world’s leading financial hubs.”
Thailand was among the first countries in the world to establish legal frameworks regulating Bitcoin and related taxation. The country has continued refining its Bitcoin taxation system to encourage fundraising through digital tokens and promote Bitcoin and token trading through regulated operators under the supervision of the Securities and Exchange Commission (SEC). This latest tax refinement is expected to drive growth in Thailand’s Bitcoin market, related businesses, and token-based fundraising, while also fostering the use of technology and innovation within Thailand. It is projected that this will lead to increased economic growth and medium-term tax revenues of at least 1 billion baht.
Mr. Julapun further stated, “This tax measure encourages Bitcoin trading through Thai digital asset business operators regulated by the SEC and the Anti-Money Laundering Office (AMLO). These operators comply with recommendations from the Financial Action Task Force (FATF), ensuring transparency and accountability in transactions.”
Additionally, the Revenue Department is in the process of adopting the OECD’s Crypto-Asset Reporting Framework (CARF) for automatic exchange of Bitcoin transaction data globally, further increasing transparency in the Bitcoin sector.
For more information, contact the Revenue Department at 0 2272 9529-30 or the RD Intelligence Center at 1161.
Run For Freedom, Bitcoin Half Marathon 21K Finisher Shirt. November 2nd, Chiang Mai, Thailand.
Run For Freedom, November 2nd, 2025. Chiang Mai, Thailand.
