Thailand pitches digital finance hub status at World Bank event
- —Thailand ranks third globally by digital payment volume via PromptPay and QR codes
- —More than 90 million payment accounts against a population of about 70 million
- —Thailand was the first Asian country to enact a dedicated digital asset business law
- —Tokenization and stablecoins were named key drivers of the financial system
Why it matters: Signals political support for tokenization and stablecoins in Thailand, though no concrete measures or timelines have been announced.
Source: Siam Blockchain