Thailand

Thailand Plans Crypto Sandbox Allowing Tourists to Convert Crypto into Local Currency

Thailand Plans Crypto Sandbox Allowing Tourists to Convert Crypto into Local Currency

Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand are preparing to launch a regulatory crypto sandbox that will enable foreign tourists to convert their crypto assets into baht for spending locally. Key Takeaways: Thailand plans to launch a crypto sandbox allowing tourists to convert crypto into baht for spending. The program expands […]

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Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

DV8 Public Company Limited, a publicly listed firm in Thailand looking to reinvent itself as a Bitcoin Treasury firm, has appointed Thai business magnate Chatchaval Jiaravanon as its new Chairman, according to a July 11 statement shared with CryptoSlate. Jiaravanon, best known internationally for acquiring Fortune Magazine in 2018, is part of Thailand’s influential Charoen

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Exchanges May Soon List Their Own Tokens

Exchanges May Soon List Their Own Tokens

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thailand’s financial regulators are seeking public feedback on proposed updates to the framework governing crypto asset listings on local digital exchanges. The move, announced Friday by the country’s Securities and Exchange Commission (SEC), comes as Thailand continues to reshape its digital asset

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Thailand Scraps Gains Tax Until 2029

Thailand Scraps Gains Tax Until 2029

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thailand’s finance ministry has unveiled a plan to drop capital gains tax on cryptocurrencies for five years. Starting Jan. 1, 2025, and running through Dec. 31, 2029, people selling coins like bitcoin through licensed Thai platforms won’t pay tax on those profits. The move

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Thailand Approves Five Year Bitcoin And Crypto Tax Break 

Thailand Approves Five Year Bitcoin And Crypto Tax Break 

Bitcoin Magazine Thailand Approves Five Year Bitcoin And Crypto Tax Break  Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025, through December 31, 2029. JUST IN: Thailand’s cabinet approved personal tax waiver on profits

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Thailand crypto tax reform exempts digital asset profits for five years

Thailand crypto tax reform exempts digital asset profits for five years

Thailand has announced a significant tax reform to position itself as a leading crypto-friendly nation. On June 17, the country’s Cabinet approved a five-year personal tax exemption on profits from selling digital assets, including Bitcoin. The measure takes effect from January 2025 and will run until December 2029. Deputy Finance Minister Julapun Amornvivat explained on

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Thai Regulators Tighten Crypto Oversight—Unlicensed Exchanges to Be Banned by June 2025

Thai Regulators Tighten Crypto Oversight—Unlicensed Exchanges to Be Banned by June 2025

Thailand’s Securities and Exchange Commission (SEC) has taken action against five unauthorized digital asset trading platforms: Bybit.com, 1000x.live, Coinex, OKX, and XT.COM. The SEC has filed charges with the Economic Crime Suppression Division (ECD) for operating without the necessary licenses under Thailand’s Digital Asset Business Act. To protect investors and combat money laundering, the SEC

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Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists

Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thailand has recently announced plans to introduce a novel initiative that would allow international tourists to spend cryptocurrencies through credit card-linked payment systems. The ambitious move, announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira at an investment seminar in Bangkok,

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Thailand to Issue 0M in New Digital Investment Tokens

Thailand to Issue $150M in New Digital Investment Tokens

Thailand’s Ministry of Finance will issue $150 million (5 billion baht) worth of new digital investment tokens, called G-Tokens, within two months. These tokens will allow retail investors to invest in government bonds for as little as $3, offering potentially higher returns than bank deposits. While not a debt instrument or cryptocurrency, the G-Token will

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