Odaily Planet Daily News: Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra, which will be tested in Phuket as a tourism-focused sandbox. The proposal is supported by the CEO of Binance Thailand, who believes this is a positive step for the country's competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to transform Thailand into a digital hub, the Bank of Thailand still prohibits cryptocurrency payments. Gulf Binance CEO Nirun Fuwattananukul stated that the proposal 'not only reflects the momentum of global cryptocurrency adoption but also indicates that the highest leadership is embracing these transformative technologies,' adding that 'as more countries adopt digital assets and cryptocurrencies, Thailand cannot fall behind.' He continued to say that given the country's reliance on tourism and foreign capital inflows, 'integrating cryptocurrency into Phuket's economy can effectively align with Thailand's strategic advantages and has the potential to attract tech-savvy tourists and investors.' (Bangkok Post) Previously, former Prime Minister Thaksin Shinawatra mentioned in a seminar that Trump might repay the U.S. debt with Bitcoin, while emphasizing that this is not an encouragement for everyone to buy Bitcoin, but a reminder that this is a trend. Currently, various cryptocurrencies have emerged, and some say that the future types of currency will exceed the number of countries. The Thai people must keep up with the times and understand these changes. Thaksin also suggested that the Prime Minister could instruct the Ministry of Finance to study whether Bitcoin could be accepted in Thailand, for example, by piloting the use of Bitcoin in Phuket, allowing Bitcoin holders to make payments locally.

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