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Thailand’s Ex-PM Backs Plan to Build Regional Digital Asset Hub

Former Thai Prime Minister Thaksin Shinawatra met global digital asset investors in Bangkok to discuss making Thailand a regional hub for crypto, with support for a sovereign strategic reserve to strengthen financial resilience.

According to Decrypt, former Thai Prime Minister Thaksin Shinawatra met with a group of global digital asset investors in Bangkok this week to explore a proposal aimed at positioning Thailand as a leading hub for digital assets in Southeast Asia.

According to people familiar with the discussions, Thaksin also endorsed the idea of creating a sovereign strategic reserve that could bolster the country’s financial resilience over the long term.

Participants in the meeting included Metaplanet, UTXO Management, Nakamoto Holdings, Sora Ventures, AsiaStrategy, Moon Inc., Mythos Group, and Bangkok-based Kliff Capital.

“This meeting represents the first milestone in realizing our vision of unlocking Thailand’s potential to become ASEAN’s Bitcoin digital asset treasury hub,” said Kip Tiaviwat, founder and partner at Kliff Capital.

Thailand, the region’s second-largest economy, has been grappling with sluggish growth, rising household debt, and a cooling tourism sector. Industry figures believe that fostering a digital asset ecosystem could provide a much-needed boost to economic momentum.

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