BANGKOK (Reuters) - Thailand plans to impose a 15-percent withholding tax on gains from cryptocurrency trade, Finance Minister Apisak Tantivorawong said on Wednesday.
There will also be a value-added tax on such trade but retail investors will be exempted, he told reporters. He did not give further details.
The government is expected to introduce a law later this month to regulate digital assets, including cryptocurrencies and initial coin offerings, Deputy Prime Minister Somkid Jatusripitak told reporters.
Reporting by Satawasin Staporncharnchai; Writing by Orathai Sriring; Editing by Kim Coghill