The Thai Minister of Finance, Mr. Pichai Chunhavajira, has made positive comments about the expansion of digital asset payments in Thailand, but there are still many challenges.
- Mr. Pichai questioned why Thailand should not accept cryptocurrency, given the rising global demand. However, he acknowledged that Thailand is not yet fully prepared for digital currency.
- He proposed allowing tourists to use local exchanges to purchase real estate, a condition that is currently not feasible. 🏠
- A cryptocurrency payment experiment will be launched in Phuket within a sandbox environment, complying with the current legal framework.
- However, the Bank of Thailand still strongly opposes decentralized digital assets, and legal barriers remain.