Thailand
Ordinary assessable income taxed progressively up to 35%, valued in baht when the crypto is received. Being foreign-source, under the remittance rules it is taxed only when brought into Thailand - kept offshore, no Thai PIT arises (so 0% only via disciplined non-remittance).
Assessable services/business income; foreign-source because the prop firm is offshore, governed by the remittance regime. Not a crypto capital gain - USDC received as pay is ordinary income at baht value on receipt.
Progressive 0 / 5 / 10 / 15 / 20 / 25 / 30 / 35% (0% up to THB 150,000; 35% above THB 5M).
No mandatory social security for the self-employed; voluntary only. Negligible.
Remittance basis (Por.161/162, effective 2024): residents (180+ days) taxed on foreign income only when remitted into Thailand. Kept offshore = no Thai tax.
Legal and SEC-regulated; USDC as service pay is ordinary income at baht value on receipt. The 2025-2029 crypto CGT exemption covers disposal gains via Thai-licensed platforms only, NOT service compensation. The remittance rule still applies.