Thailand is turning into a important nation for blockchain • TechCrunch

Whereas United States regulators are nonetheless making an attempt to determine how to consider cryptocurrencies, Thailand’s authorities is already mapping out its personal central bank digital currency.

This is only one of quite a few examples how Thailand has emerged as one essentially the most attention-grabbing cryptocurrency and blockchain nations in Southeast Asia in 2018.

Because the begin of the yr, the Thai authorities has turn into more and more outspoken and welcoming of cryptocurrency initiatives and exchanges. In just some months, Thai regulators have made notable progress, from organising cryptocurrency firm licenses to allowing exchanges and ICOs. Extra importantly, the nation has attracted international corporations by offering clear and express pointers for international blockchain corporations to function. It’s a sample that we’re seeing throughout Southeast Asia, and one which blockchain and cryptocurrency startup founders ought to take be aware as they consider international growth.

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