Thai Regulators Signal Support for Limited Crypto Conversion Use
Thailand is signaling a cautious but growing openness to digital finance, as Finance Minister Pichai Chunhavajira stated the country may consider. Allowing cryptocurrency-linked services under strict regulation.
While crypto is still banned for payments or credit card use, Chunhavajira said officials may study international models where crypto is converted into local currency for everyday transactions. He emphasized the need for tight controls. Given that crypto and stock investors in Thailand often overlap.
Meanwhile, the government is promoting G-Tokens—blockchain-based units tied to government bonds. As a way to make bond investing more accessible and globally attractive.
Clever Robot News Desk 28th May 2025
