https://cointelegraph.com/news/thai-finance-ministry-releases-final-version-of-cryptocurrency-tax-frameworkAccording to this article, Thai Finance Minister announced that crypto trades will be taxed with a 7 percent value added tax (VAT), and returns taxed with a 15 percent capital gains tax.
It also shows that Thai government made those new regulations in aim to prevent the expanding (crypto) sector from being used for money laundering, tax evasion, and other criminal activities.
I think that it is totally understanding, but don't you think that Thailand might lose some (if not a lot) of its local crypto companies, which would rather go somewhere else, more crypto-friendly such as Singapore?
In the end, crypto regulation was a good or bad move for Thailand?
Those regulations are not strict it only introduced taxation which the government see as a way of getting their own share of the crypto gain which is not bad in my opinion