Deep Tide TechFlow news, according to Bangkok Post, Binance Thailand's CEO Nirun Fuwattananukul expressed support for former Thai Prime Minister Thaksin's proposal to establish a Bitcoin payment sandbox in Phuket.

Nirun pointed out that the plan would enhance Thailand's competitiveness in the digital asset sector and help attract tech tourists and investors. However, he emphasized that due to Thailand's restricted currency system, the plan requires in-depth risk assessment and regulatory coordination from the central bank (BoT) and the Securities and Exchange Commission (SEC). Currently, the Bank of Thailand still prohibits the use of cryptocurrencies like Bitcoin as a means of payment.