Crypto:
36635
Bitcoin:
$92.339
% 1.06
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.339
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Thailand Plans to Become a New Hub for Blockchain and Crypto

Thailand’s

Former Thai Prime Minister Thaksin Shinawatra has publicly shared his proposal to transform Thailand into a regional hub for digital assets. Shinawatra also argued that the country should establish a sovereign strategic reserve to strengthen its economic resilience.

Meeting with a group of digital asset investors in Bangkok, Shinawatra stated that if this plan is implemented, Thailand could become Southeast Asia’s center for crypto tokenization and digital assets.

Regional Crypto Hub Plan

The meeting was also attended by Asian digital asset firms UTXO Management and Metaplanet. Discussions emphasized the need for Thailand to integrate crypto with tourism and traditional finance while making digital asset usage more accessible.

Experts believe that this strategic approach could boost Thailand’s financial innovation and position the country as a regional crypto hub.

Regulatory Framework and New Developments

Recently, Thailand has taken notable steps in the crypto sector:

  • The Thai SEC is preparing new crypto regulations for 2026.
  • Under the 2025–2030 roadmap, pilot programs are being launched to test digital currency use in e-commerce and remittances.
  • The TouristDigipay platform now allows foreign tourists to convert crypto into Thai baht for payments.

Thailand Abolishes Crypto Tax

Deputy Finance Minister Julapun Amornvivat announced that the country has exempted digital asset transactions from income tax for five years. The regulation came into effect following a Cabinet decision on June 17.

Amornvivat stated:

“This decision is another important step to enhance our country’s economic potential. It is a great opportunity for Thai entrepreneurs to grow and leave a mark on the global stage.”

The combination of tax exemptions, regulatory clarity, and strong political support could make Thailand Asia’s emerging crypto hub. According to experts, collaboration between the government and the private sector could enable Thailand to become a key global player in the digital asset economy.

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