Thailand’s new regulation grants a tax-free status to capital gains from cryptocurrency trades via SEC-licensed domestic platforms, aiming to boost local exchange use and market transparency.
Thailand has enacted Ministerial Regulation No. 399, providing a 0% personal income tax rate on capital gains from cryptocurrency trades through SEC-licensed exchanges, brokers, or dealers from January 1, 2025 to December 31, 2029. The policy excludes gains from trades conducted on foreign or unlicensed platforms, and income from mining, staking, or airdrops. Officials state the regulation aims to incentivize trading on local regulated exchanges, strengthen the country’s financial system, and improve transparency. The law was officially published in the Royal Gazette on September 5, 2025.