A group of Thai and Chinese experts, academics and entrepreneurs made a strong case for enhancing mutual support and collaboration to improve the fintech industry and help sustain growth in the digital economy era.
Players in the market as well as knowledgeable experts asked society, the authorities and corporates to be prepared for the rapid growth of digital assets in the digital age.
Watanya Wongopasi, a member of parliament (MP) of Thailand’s ruling Palang Pracharath Party (PPRP), has suggested that the Excise Department study every aspect carefully before imposing taxes on cryptocurrency trading and sales of stocks.
Local digital exchange operators have requested a two-year tax exemption for cryptocurrency trading, claiming the industry needs more time to generate sustainable growth momentum.