Thailand is taking a big leap forward in crypto. In a move that could reshape the country’s digital asset landscape, the Thai cabinet has approved a personal income tax exemption on profits made from cryptocurrencies and other digital assets.
Deputy Finance Minister Chulaphan Amornvivat announced on his personal X account, calling it a major step toward Thailand’s goal of becoming a digital asset hub.
The Ministry of Finance’s plan is designed to bring more blockchain companies into Thailand, boost crypto trading activity, and drive long-term economic growth through innovation.
From January 1, 2025, anyone making profits from selling cryptocurrencies like Bitcoin or Ethereum, through platforms regulated by the SEC, won’t have to pay personal income tax on those gains. This tax exemption will run until December 31, 2029.
Chulaphan, who also represents Chiang Mai under the Pheu Thai Party, shared the official update, saying: “I have good news to tell you! Today, the Cabinet has approved tax measures to promote the Digital Asset Hub as proposed by the Ministry of Finance, focusing on exempting personal income tax for profits from the sale of digital assets (Capital Gains) made through operators under the supervision of the SEC from January 1, 2025 – December 31, 2029.”
[📢 เดินหน้าเต็มสูบ! รัฐบาลเร่งส่งเสริมไทยเป็นศูนย์กลางสินทรัพย์ดิจิทัลของโลก 🇹🇭🌐]
ผมมีข่าวดีมาบอกครับ! วันนี้คณะรัฐมนตรี (ครม.) ได้อนุมัติมาตรการภาษีเพื่อส่งเสริมการเป็น Digital Asset Hub ตามที่กระทรวงการคลังเสนอ…
— จุลพันธ์ อมรวิวัฒน์ (@jamornvivat) June 17, 2025
He added, “Promote transparent trading. Support technology and innovation. Stimulate the Thai economy to grow steadily. Increase tax revenue in the medium term by not less than 1 billion baht.”
Also Read: OKX Expands to Germany and Poland, Boosting Crypto Adoption in Europe
