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I have been living in Thailand for 4 years! I want to share some news with you! $BTC $ETH $XRP #thailand #thai #crypto #BinanceAlphaAlert # Thailand is set to launch a cryptocurrency experiment in Phuket in October 2025. The idea, proposed by former Prime Minister Thaksin Shinawatra, is aimed at creating a safe environment for testing digital payments, while highly-drawn cryptocurrencies will not be used.
Thaksin noted that it is important to adapt to new financial technologies in time so as not to lose talented developers who may leave for the United States. The project focuses on stablecoins - new currencies backed by stable assets such as gold or government bonds. Negotiations are also underway with other ASEAN countries to attract investment through cryptocurrencies.
The initiative is part of a broader strategy to regulate cryptocurrencies, inspired by the successful experience of Torrevieja, Spain, where local stores already accept cryptocurrency payments. The project will not only help develop the digital economy, but also attract investors to the tourism sector of Thailand.Have you been to Thailand?
Thaksin noted that it is important to adapt to new financial technologies in time so as not to lose talented developers who may leave for the United States. The project focuses on stablecoins - new currencies backed by stable assets such as gold or government bonds. Negotiations are also underway with other ASEAN countries to attract investment through cryptocurrencies.
The initiative is part of a broader strategy to regulate cryptocurrencies, inspired by the successful experience of Torrevieja, Spain, where local stores already accept cryptocurrency payments. The project will not only help develop the digital economy, but also attract investors to the tourism sector of Thailand.Have you been to Thailand?
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7/20 Currency News
1. Bloomberg: The UK should sell 61,000 Bitcoins to save its finances. BTC is not expected to become a central bank reserve.
The United Kingdom, the third largest country holding Bitcoin (61,000 BTC according to BitcoinTreasuries), has also recently reported news of possible sales.
2. Does the Thai government want to issue currency? The "Digital Cash Plan" was launched in August, and registered wallets can share 12.4 billion mg!
The Thai government is about to launch a digital cash payment plan worth US$12.4 billion on August 1, shocking the world! The program, called "Digital Wallet," will distribute 10,000 baht (approximately $275) in digital currency to 50 million Thai citizens, with the aim of stimulating Thailand's sluggish economy. Announcing the news, Prime Minister Srettha Thavisin noted that eligible businesses and individuals can register for the program and use the funds to local businesses.
3. Comparable to VISA level! Bitcoin’s daily payment volume reaches 46.4 billion mg, the market is getting hotter?
With $46.4 billion in daily payments, Bitcoin has surpassed Visa and Mastercard, demonstrating its growing role in the global payments market.
$BTC
#CryptoNewss #Crypto🚀🚀 #BTC☀ #Visa #thai
1. Bloomberg: The UK should sell 61,000 Bitcoins to save its finances. BTC is not expected to become a central bank reserve.
The United Kingdom, the third largest country holding Bitcoin (61,000 BTC according to BitcoinTreasuries), has also recently reported news of possible sales.
2. Does the Thai government want to issue currency? The "Digital Cash Plan" was launched in August, and registered wallets can share 12.4 billion mg!
The Thai government is about to launch a digital cash payment plan worth US$12.4 billion on August 1, shocking the world! The program, called "Digital Wallet," will distribute 10,000 baht (approximately $275) in digital currency to 50 million Thai citizens, with the aim of stimulating Thailand's sluggish economy. Announcing the news, Prime Minister Srettha Thavisin noted that eligible businesses and individuals can register for the program and use the funds to local businesses.
3. Comparable to VISA level! Bitcoin’s daily payment volume reaches 46.4 billion mg, the market is getting hotter?
With $46.4 billion in daily payments, Bitcoin has surpassed Visa and Mastercard, demonstrating its growing role in the global payments market.
$BTC
#CryptoNewss #Crypto🚀🚀 #BTC☀ #Visa #thai
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