Thailand Approves 5-Year Capital Gains Tax Exemption on Crypto Transactions
Thailand’s Cabinet and Ministry of Finance have formally approved a five-year exemption from personal income tax on capital gains generated from cryptocurrency trading. The policy, effective from January 1, 2025 to December 31, 2029, aims to support innovation in digital finance and reinforce the country’s status as a regional crypto hub. What Does the Tax […]
Bank of America Confirms Stablecoin Plans as US Regulation Gains Momentum
Bank of America is officially developing its own US dollar-backed stablecoin, marking a major move by one of the largest financial institutions in the world. CEO Brian Moynihan confirmed the initiative publicly, noting that while the bank is not launching the coin yet, it is actively building the infrastructure behind it. This development positions Bank […]
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