Thailand Grants Five-Year Crypto Tax Break to Boost Innovation
Thailand’s Ministry of Finance has approved a five-year tax exemption on capital gains from cryptocurrency sales, marking a major milestone in the country’s digital asset strategy. Effective from 1 January 2025 to 31 December 2029, the exemption will only apply to crypto transactions conducted through licensed digital asset service providers.
India Risks Losing $2 Billion in Crypto Tax Revenue as Traders Flee Offshore
India’s stringent crypto tax policies are driving traders to offshore platforms, jeopardising over $2 billion in tax revenue over the next five years, according to a recent report by the Esya Centre. Missed Revenue from Offshore Platforms Since July 2022, India has missed out on approximately ₹6,000 crore ($724 million)
