Thailand now is making a move allowing tax exemption for gains in crypto, this will boost crypto in their country, but with the exemption should only valid if the gains are done on exchange approve by their government.
They also have plans to allow tourist to spend using crypto, this is very exciting as some people want to use crypto as payment.
What can you say about this move of Thailand?
Fantastic news. And good move.
This is will lead to an increase in the revenue generated by the government of Thailand. It will attract more digital nomads. The benefits are just massive and the government are taking good advantage about it.
Speaking of the recognized exchanges, I don't see Binance there. And it is surprising because they are one of the biggest players in the field. The regulation will be tight regardless do not leave your bitcoin in any exchange.