Thailand Crypto Exchanges Getting Ready Ahead of Crypto Taxes Changes

• Cryptocurrency exchanges in Thailand alert customers about the tax implications of holding digital assets. 
• Thai tax authorities plan to make changes to crypto taxes in the country this year. 
• Persons categorized as crypto taxpayers include crypto traders, miners, and people who earn in crypto.

Cryptocurrency exchanges in Thailand started informing customers about tax implications that may arise from their cryptocurrency trading activities in the country. 

This development follows a slew of recent tax policies introduced by the Thai government to draw revenue from the space. Previously, the tax authorities in the region announced upcoming changes that will see crypto revenue subjected to certain taxes. 

Amidst the development, local exchanges based in Thailand have begun alerting customers about the changes. In particular, the cryptocurrency exchange Bitkub exchange has updated its website’s FAQ section to reflect these changes. 

According to the information provided, crypto taxpayers, as categorized by tax authorities, include “a person who has sold, paid, transferred, or exchanged a c…

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