<ul data-eligibleForWebStory="true"><li>Thailand will exempt capital gains taxes on cryptocurrency sales through licensed providers for the next five years.</li><li>The exemption will be in place from January 1, 2025, to December 31, 2029.</li><li>Several countries like the Cayman Islands, Singapore, and Germany also offer crypto tax incentives.</li><li>Vietnam recently passed legislation to regulate cryptocurrencies set to take effect next year.</li><li>Thailand's move aims to position itself as a global financial hub with proper crypto taxation laws.</li><li>The tax exemption encourages residents to trade on regulated exchanges instead of offshore platforms.</li><li>Thailand cracked down on unlicensed offshore exchanges, blocking five global platforms.</li><li>KuCoin and Tether are expanding their operations in Thailand with local licenses and new offerings.</li></ul>

Thailand Joins Countries That Exempt Crypto Capital Gains Tax, but Only for 5 Years

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