Policy Shifts: Thailand has implemented various policies regarding cryptocurrency usage. In March 2022, the country banned the use of cryptocurrencies for payments, citing concerns over financial stability and potential illicit activities. 
However, in a move to attract investment, the government later exempted crypto traders from a 7% value-added tax on earnings from trading cryptocurrencies and digital tokens. 
Additionally, Thailand has cut crypto taxes to boost investment tokens, aiming to inject $3.7 billion into its economy over the next two years. 
BLOCKHEAD