Can you mine crypto in Thailand? Thailand’s first cryptocurrency mine is expected to open at the beginning of 2023 as initially it will use Bitmain bitcoin mining rigs. Mining Pro Co. Ltd will reportedly establish Thailand’s first cryptocurrency mining facility. The initiative is expected to start operating in early 2023.
Is cryptocurrency legal in Thailand? Thailand Bans Use of Cryptocurrencies as a Method of Payment.
Is cryptocurrency taxed in Thailand? The Thai government is exempting value-added tax (VAT) from the transfer of cryptocurrencies or digital tokens until the end of 2023. The exemption was announced as a new royal decree issued under the Revenue Code for the Exemption of VAT and becomes effective on Thursday.
Is it legal to do crypto mining? You may want to look into local regulations where you live, but for now, bitcoin mining is legal in the U.S. and most other countries, but not all U.S. states allow it.