Thailand has set crypto tax at 0% as part of a push to become a crypto hub. Separately, the Bitcoin Red Team has reportedly been forced to rely on open-source Chinese AI after OpenAI restricted access.
Thailand has set crypto tax at 0% as part of a push to become a crypto hub. Separately, the Bitcoin Red Team has reportedly been forced to rely on open-source Chinese AI after OpenAI restricted access.
The tax move matters because it signals a more welcoming stance toward crypto activity in Thailand. For companies, users and market participants, a 0% crypto tax policy may make the country more attractive as jurisdictions compete for blockchain-related investment and talent.
Thailand has set crypto tax at 0% in a bid to position itself as a crypto hub, according to Cointelegraph. The same report says the Bitcoin Red Team has been forced to rely on open-source Chinese AI after OpenAI restricted access.
The tax move matters because it signals a more welcoming stance toward crypto activity in Thailand. For companies, users and market participants, a 0% crypto tax policy may make the country more attractive as jurisdictions compete for blockchain-related investment and talent.
The Bitcoin Red Team development points to a separate issue for the crypto ecosystem: access to artificial intelligence tools. If teams working in Bitcoin security or research cannot use certain proprietary AI services, they may shift toward open-source alternatives, including models developed in China.
Together, the two developments show how crypto policy and infrastructure choices are being shaped by national strategy and platform access. Thailand is using tax policy to strengthen its crypto ambitions, while technical groups are adapting to restrictions in the AI services they can use.
The report does not provide further details on the scope of OpenAI’s restrictions or the specific Chinese AI tools being used by the Bitcoin Red Team. It also does not state how Thailand’s 0% crypto tax policy will be implemented in practice.
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