Thailand, a country already on the map for its thriving tourism industry, is now setting its sights on something even more futuristic – digital assets. Following in the footsteps of global figures like Trump, who have embraced Bitcoin for everyday use, Thailand is positioning itself as a major player in the world of cryptocurrency.
With demand for crypto growing rapidly, the country is determined to build a strong digital economy. And they’re making moves to make it happen.
The Thailand International Digital Business and Financial Center (TIDC) has brought in two new advisors: Tekin Salimi and Rushi Manche. Their expertise will help improve Thailand’s blockchain and stablecoin systems, increase crypto adoption, and attract more digital investments.
In other words, they will guide Thailand in becoming a leader in digital innovation.
TIDC is backed by Thailand’s Ministry of Digital Economy and Society (MDES) and National Telecom Public Company Limited (NT). Their goal is to create a strong digital environment, support new tech projects, and bring in global investments. This is where Salimi and Manche come in.
Tekin Salimi, the founder of dao5—an influential crypto fund managing over $500 million—has significant experience in blockchain investments, backed by his background as a former lawyer. Rushi Manche, co-founder of Movement Labs, specializes in making blockchain networks more secure and efficient.
Together, their expertise will help Thailand attract blockchain projects and improve its digital systems.
In addition to TIDC’s efforts, Thailand’s Securities and Exchange Commission (SEC) is launching a new blockchain platform designed for trading digital tokens. This will make it easier and faster for companies to trade digital assets, including tokenized bonds and other investment products.
The SEC has already approved four token projects, with two more under review, focusing on green finance and sustainable investments. The new platform will handle everything digitally—from trading and payments to tracking investors—and plans to connect various blockchain networks for greater flexibility.
While Thailand has some rules limiting the use of crypto for everyday payments, it is increasingly focusing on large-scale crypto projects. The government is even considering creating a stablecoin backed by government bonds, showing its commitment to becoming a major player in digital finance.
With the new advisors and advanced blockchain plans, Thailand is clearly on the path to becoming a major hub for digital innovation.
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