beammeup
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Thailand to block unlicensed Crypto Exchanges
beammeup replied to CharlieH's topic in Cryptocurrency News
They are not making it easy for digital nomads. -
I think this whole thing is the New governments half harted effort to show the UN and other institutions that they are willing to go along with their global sustainability development goals. Perhaps to drum up new global investment to Thailand, or to borrow large sums from the IMF or world bank. Whether they follow through on enforcing strict taxation or not is yet to be seen. I suspect by their non reaction that they are not going to be very pro-active on this at first. Might take a few years before they really get moving on this. By then a lot can change.
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For the people who are bringing in pensions, Your tax liability hasn't changes. Its just the people who were using the loophole who's liability may have changed. I suspect that this is more about showing some globalist institution that they are making efforts to comply with their agenda. They might target a few unlucky peeps but my guess is that most can just carry on as usual and probably nothing will happen.