Guy Fawkes 
Deputy Finance Minister of Thailand, Chulaphan Amornvivat, took to X on 17 June 2025, to announce that the Thai government has approved Bitcoin and crypto gains to be exempted from taxation. The Thai Securities and Exchange Commission (SEC) has approved the crypto tax break from 1 January 2025 to 31 December 2029.
The move is to promote transparent trading, support technology and innovation, and stimulate the Thai economy to grow steadily.
“Full steam ahead! The government is pushing to promote Thailand as the world’s digital asset hub and I have good news to tell you,” said Amornvivat, as he announced the tax break.
BREAKING:
THAILAND APPROVES TAX EXEMPTION ON BITCOIN AND CRYPTO SALE PROFITS FOR FIVE YEARS.
GIGA BULLISH!!
pic.twitter.com/P1UlSF5clr
— Ash Crypto (@Ashcryptoreal) June 17, 2025
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025
“Thailand is considered one of the first countries in the world to have clear laws and tax measures for digital assets”
According to Amornvivat, the key point of this law is to make the crypto market in Thailand more vibrant, attracting foreign investment to help stimulate domestic consumption, and potentially leading to other forms of taxation, such as value-added tax (VAT), in the future.
“In addition, Thailand is considered one of the first countries in the world to have clear laws and tax measures for digital assets. And the Revenue Department is currently preparing to comply with the Organisation for Economic Co-operation and Development’s (OECD) data exchange standards to make digital transactions in the country more transparent and auditable,” said Amornvivat.
Furthermore, he believes that this crypto tax break is another important step in elevating Thailand’s economic potential. He said it could be an opportunity for Thai entrepreneurs to grow on the world stage.
DISCOVER: Best New Cryptocurrencies to Invest in 2025
Thailand’s Recent Crackdown On Crypto Exchanges Including Bybit, OKX, CoinEx
Thailand’s SEC is set to block access to Bybit, OKX, CoinEx, 1000X, and XT.COM starting 28 June 2025. According to a 30 May 2025 Thai SEC press release, the decision to block five major exchanges is based on allegations that they have been providing services in Thailand without the necessary license.
Furthermore, the Thai SEC is taking legal action against the said unlicensed exchanges. Stricter penalties are also in place for individuals involved in cybercrime via digital asset accounts.
The SEC said it is taking this step to protect investors and prevent fraudsters from using unauthorized digital asset trading platforms to launder money. “SEC has submitted the above platform information to the Ministry of Digital Affairs,” the press release said. “The Ministry of Digital Affairs will block access to the platforms, preventing the public from accessing them from 28 June 2025.”
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Key Takeaways
The post Thailand Approves Crypto Tax Break Until 2029 appeared first on 99Bitcoins.
Bitcoin (BTC) News Today, News, Bitcoin News Today, crypto tax, Thailand
99Bitcoins
[crypto-donation-box type=”tabular” show-coin=”all”]
