Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes.
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Thailand
Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes.
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.
The Securities and Exchange Commission found that the companies customer assets were transferred overseas before an announcement was made.
Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds.
Thailand’s SEC has updated its rules by removing retail investors’ limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.