Thailand is considering testing a Bitcoin project in Phuket, proposed by former Prime Minister Thaksin Shinawatra, aimed at developing tourism. The CEO of Binance Thailand supports it, believing that this is a positive step to attract tech-loving tourists. 🌐

Despite support from some leaders, crypto payments are still banned by the central bank. Thailand needs to carefully consider the risks and update the legal framework before implementation.

The project will start in Phuket in a controlled environment before expanding nationwide. Thailand's digital asset market is shifting from retail to focus on institutional investors. 📈