21h ago

Thailand sets 0% capital gains tax on XRP trading via licensed crypto exchanges

AI Market Summary

Thailand announced a 0% capital gains tax on XRP trades executed via SEC-licensed crypto exchanges, a targeted incentive not extended to other tokens. The move improves after-tax trading economics, reinforces regulatory clarity for compliant venues, and supports potential payment and cross-border settlement adoption. Given Thailand's rapidly growing digital-asset market and XRP's top-tier local liquidity, the policy could lift near-term participation and flow concentration in XRP pairs.

Impact level

● Medium

Affected assets

XRP/USDT+0.38%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Thailand has introduced a 0% capital gains tax on XRP trading conducted through licensed crypto exchanges. The measure is positioned as a boost for XRP adoption in one of Asia’s fastest-growing digital asset markets.

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