Thailand scraps 15% crypto capital gains tax following public backlash

Thailand scraps 15% crypto capital gains tax following public backlash

Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears... Read more »
Thailand scraps 15% crypto capital gains tax following public backlash

Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos

A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report... Read more »
Thailand scraps 15% crypto capital gains tax following public backlash

Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation

Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using... Read more »
Thailand scraps 15% crypto capital gains tax following public backlash

Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80... Read more »