Thailand grants 5-year crypto tax break to boost investment
Thailand exempts crypto gains from 2025–2029 via licensed exchanges
Thailand is introducing a five-year capital gains tax exemption for profits from cryptocurrency trading, aiming to attract users to licensed platforms.
The initiative, announced by the Ministry of Finance on June 17, 2025, exempts capital gains on transactions conducted through licensed digital asset service providers from January 1, 2025, to December 31, 2029.
Deputy Finance Minister Julapun Amornvivat welcomed the policy as a cornerstone for positioning Thailand as a leading digital asset hub aligned with advanced regulatory frameworks.
The ministry estimates the measure will bring at least 1 billion baht ($30.7 million) into the economy through increased tax revenue and crypto-driven economic growth.
Carrot-and-stick strategy
However, these tax breaks are more than just incentives—they are part of a strategic push to encourage regulated crypto trading under the supervision of Thailand’s Securities and Exchange Commission (SEC).
Since June 28, the SEC has restricted major global exchanges—Bybit, OKX, CoinEx, and XT.COM—from operating in the country unless they obtain a local license.
Meanwhile, other crypto giants are deepening their roots in the kingdom. KuCoin has formed a fully regulated subsidiary after receiving an SEC license on June 13. Tether, the issuer of USDt, the world’s leading stablecoin, expanded its presence in May by listing its tokenized gold asset on Thai platform Maxbit.
Additionally, at the end of May, the government allowed tourists to spend cryptocurrency as part of sweeping regulatory reforms.
As we wrote, Thailand to allow crypto payments for tourists
