Thailand’s Cabinet has approved a set of tax me

Thailand’s Cabinet has approved a set of tax measures aimed at promoting its cryptocurrency market. 

Personal income tax will be exempt on profits earned from the sale of digital assets through licensed operators until December 31, 2029.

The announcement came from Deputy Minister of Finance Chulaphan Amornvivat. He called attention to the development in a tweet, emphasizing the government’s push to transform Thailand into a digital asset hub.