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Thailand cuts crypto capital gains tax to 0% for five years

The zero-rate window runs from Jan. 1, 2025 through Dec. 31, 2029, while trades on unlicensed or overseas platforms can still face personal tax rates as high as 38%.

Reported · Written up by our desk · Regulation

Cointelegraph reports Thailand is set to offer a 0% capital gains tax rate on crypto sales executed through platforms licensed by the country’s Securities and Exchange Commission for the next five years.

The exemption applies to the period from January 1, 2025, through December 31, 2029, and is intended to make Thailand more attractive as a regional crypto hub, with the tax treatment aligned to capital gains from traditional securities in the country.

Cointelegraph adds that crypto trades conducted on unlicensed or overseas exchanges would not qualify for the exemption and could instead be taxed at standard personal rates, up to 38%.

In a separate development mentioned alongside the Thailand tax update, Cointelegraph also cites a shift for Bitcoin Red Team work toward open-source Chinese AI after OpenAI restricted access, and it references a report from Hashed Open Research and SCBX that found on-chain transaction volume across the Asia-Pacific rose 68% year-on-year, from $1.4 trillion to $2.36 trillion.

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