**Thailand Eyes Crypto Future Amid Global Trends**

Former Thai PM Thaksin Shinawatra recently urged the government to delve into cryptocurrencies to stay globally competitive. Speaking at Hua Hin's Intercontinental Hotel, he emphasized the importance of understanding digital assets as the world shifts towards digitization. While not advocating for immediate crypto purchases, Shinawatra highlighted the growing number of digital currencies and potential economic impacts.

Thailand is already experimenting with the digital economy. The SEC launched a crypto regulatory sandbox, and Kasikornbank became the first licensed crypto custodian. Additionally, the SEC proposed allowing mutual and private funds to invest in crypto, signaling a move towards institutional adoption.