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Thailand Approves Crypto Tax Break Until 2029

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The Deputy Minister of Finance in Thailand, Chlovan Amorneva, seized X on June 17, 2025, to announce that the Thai government had agreed to bitcoin gains and coding from taxes. The Securities and Thai Stock Exchanges Committee (SEC) agreed to the encryption tax break from 1 January 2025 to December 31, 2029.

This step is to enhance transparent trading, Supporting technology and innovation, And stimulating the Thai economy to grow steadily.

“The next full steam! The government is pushing to promote Thailand as the axis of digital assets in the world and “I have good news to tell you,” said Amornvivat, who announces the tax exemption.

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“Thailand is one of the first countries in the world to have clear laws and tax measures for digital assets.”

According to Amorvivat, the main point of this law is to make the encryption market in Thailand more vibrant, and attract foreign investment to help stimulate local consumption, and may lead to other forms of taxes, such as VAT tax (VAT), in the future.

“In addition, Thailand is one of the first countries in the world to have clear laws and tax measures for digital assets. The Ministry of Revenue is currently preparing to comply with the Organization for Economic Cooperation and Development (OECD) to exchange data to make digital transactions in the country more transparent and review,” said Amorvivat.

Moreover, this tax vacation is believed to be another important step in raising Thailand’s economic potential. He said it may be an opportunity for Thai projects to grow on the world stage.

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Thailand’s recent campaign to exchange encryption including bybit, OKX, Coinx

Thailand’s SEC was set to prevent access to BYBIT, OKX, Coinx, 1000X and XT.com starting from June 28, 2025. According to a statement of a Thai journalist on May 30, 2025, the decision to ban five main exchanges depends on allegations that they are providing services in Thailand without the necessary license.

Moreover, Thai takes legal action against the unlicensed exchanges mentioned. There are more strict penalties for individuals involved in Internet crimes through digital asset accounts.

SEC said it takes this step to protect investors and prevent fraudsters from using unauthorized digital asset trading platforms. The press statement said: “SEC has provided the platform information above to the Ministry of Digital Affairs.” “The Ministry of Digital Affairs will prohibit access to platforms, which prevents the public from reaching them from June 28, 2025.”

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Main meals

  • Thailand waived personal income tax on encryption profits through Thai platforms organized by the Supreme Education Council.

  • This step is to enhance transparent trading, support and innovation technology, and stimulate the Thai economy to grow steadily.

Post Thailand agrees to the encryption tax break until 2029 first appeared on 99bitcoins.

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