2024

Terra

Coin

A crypto revolution is underway in Thailand, bolstered by the country’s strategic location in Southeast Asia, which makes it an appealing destination for crypto companies and investors. Beyond Thailand’s geographical advantage, the current government is adopting friendly policies that offer relative comfort for crypto practitioners, guaranteeing more safety and sustainability, compared to other regions worldwide. 
Thailand ranks among the world’s top ten most crypto-friendly nations in terms of adoption. It was one of the first nations to regulate the crypto industry, taking a cue from the unfortunate events resulting from the collapse of Luna and Terra in South Korea. The Thai government focused on users’ protection in its regulatory approach while allowing the sector to develop. 
<h2 class="wp-block-heading" id="h-thailand-adjusted-its-crypto-tax-policy-in-2024">Thailand Adjusted Its Crypto Tax Policy in 2024</h2> 
One significant step the Thai government took recently to support the crypto industry is to adopt a <a href="https://x.com/ThaiEnquirer/status/1767496684760867038" target="_blank" rel="nofollow">tax exemption</a> policy for crypto users. Early this year, the country’s Finance Ministry announced the exemption of value-added tax (VAT) on digital asset trading. The decision was reportedly aimed at promoting digital assets as a new al…
The post <a href="https://coinedition.com/from-tax-breaks-to-b2gc-how-thailand-is-becoming-a-crypto-hub/">From Tax Breaks to B2GC: How Thailand is Becoming a Crypto Hub</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

From Tax Breaks to B2GC: How Thailand is Becoming a Crypto Hub

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