All about Thailand’s new crypto policy – 5-year tax break, $30.7M boost & more…

• Thailand has announced a capital gains tax waiver on cryptocurrency investments from 2025 to 2029.
• KuCoin, Tether expand in Thailand amid rising regulatory clarity and crypto-tourism integration.

Thailand is making a decisive move to establish itself as a global financial hub by introducing a five-year exemption on capital gains tax for cryptocurrency profits.

The tax break will apply to digital asset transactions carried out through licensed platforms, and will remain in effect until the 31st of December 2029.

Deputy Finance Minister Julapun Amornvivat announced the initiative to boost Thailand’s growing crypto ecosystem. 

It also ensures compliance with Thai SEC rules and aligns with FATF anti-money laundering standards.

All about Thailand’s crypto tax policy

That being said, Thailand’s latest crypto tax policy is more than a domestic reform – it’s a calculated move to rival global fintech hubs like Dubai and Singapore. 

By offering regulatory clarity and financial incentives, the country aims to position itself as a top destination for crypto enterprises and investors. 

Remarking on the same, Deputy Finance Minister Julapun Amornvivat emphasized that Thailand’s early adoption of digital asset legislation is a competitive advantage.

The Finance Ministry anticipates the initiative could inject at least 1,000 million baht (roughly $30.7 million) into the economy, with industry analysts predicting even greater gains.

How will it impact Thailand’s crypto ecosystem

Thailand’s crypto strategy is advancing on two fronts—tightening oversight while embracing innovation. 

The Thai SEC is preparing to block access to five major international exchanges as part of its crackdown on unlicensed platforms, reinforcing its commitment to compliance and market integrity.

At the same time, the country’s progressive reforms are attracting major industry players. KuCoin has launched a fully regulated local entity after securing a license from the Thai SEC—signaling strong confidence in the regulatory framework. 

Meanwhile, Tether has introduced its tokenized gold asset to the Thai market via the Maxbit exchange.

These developments align with Thailand’s broader vision of integrating crypto into everyday life, including tourism. 

Finance Minister Pichai Chunhavajira recently announced that tourists can now use Bitcoin [BTC] through local exchanges by registering with Thai baht and verifying their identity.

Together, these initiatives underscore Thailand’s accelerating transformation into a leading global crypto hub.