Thailand's SEC: crypto trading turnover rose to 1.66 billion baht per day in August
- —Average daily turnover rose 20.81% to 1.66 billion baht
- —Market capitalization gained 20.17% from July
- —The number of investors reached 3.15 million accounts, with 130,000 active
- —USDT accounts for 76% of trading, BTC 21%, ETH 6%
Why it matters: Rising activity in Thailand points to a recovery in Asian retail demand, though turnover remains below levels seen two years ago.
Source: Siam Blockchain