The post Thailand Moves Toward Digital Finance Leadership with New Blockchain Advisors appeared first on Coinpedia Fintech News
Thailand with global tourism record is now setting its foot on digital assets following the Trump’s path to use Bitcoin on a daily use. The demand for crypto assets are rising in the country, that’s why Thailand wants to grow its digital economy, and to make that happen, the Thailand International Digital Business and Financial Center (TIDC) has brought in two new advisors—Tekin Salimi and Rushi Manche. This move is important because their expertise will help Thailand improve its blockchain and stablecoin systems, promote crypto adoption, and attract more digital investments. In simple terms, they’ll guide Thailand in becoming a leader in digital technology.
Why These Appointments Matter
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 is the founder of dao5, a crypto fund managing over $500 million. He’s also a former lawyer and knows a lot about blockchain investments. Rushi Manche co-founded Movement Labs, a company that works on making blockchain networks more secure and efficient. Their knowledge will help Thailand attract blockchain projects and improve its digital systems.
Thailand’s SEC Embraces Blockchain
Along with TIDC’s efforts, Thailand’s Securities and Exchange Commission (SEC) is launching a new blockchain-based platform for trading digital tokens. This will make it easier and faster for companies to trade digital assets, like tokenized bonds and other investment products.
The SEC has already approved four token projects, with two more under review, focusing on green finance and investment opportunities. This new system will handle everything digitally—from trading and payments to keeping track of investors. The SEC also plans to connect different blockchain networks to make the system more flexible.
The Future of Crypto in Thailand
Even though Thailand has some rules against using crypto for everyday payments, the country is focusing more on big, institutional crypto projects. The government is even thinking about creating a stablecoin backed by government bonds. This shows that while Thailand is careful, it’s also serious about becoming a big player in the world of 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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