Former Thai Prime Minister Thaksin Shinawatra met with a gaggle of digital asset traders in Bangkok on Tuesday to debate a proposal geared toward establishing Thailand as a regional hub for digital property.
Shinawatra can also be endorsing the thought of a sovereign strategic reserve to strengthen the long-term “resilience of Thailand’s monetary system and financial system,” in line with a supply acquainted with the matter.
Shinawatra’s assembly included contributors from Japan’s Metaplanet, led by Simon Gerovich, and UTXO Administration, led by David Bailey, a crypto advisor to U.S. President Donald Trump, in line with a supporting doc seen by Decrypt.
Different companies current on the assembly included Nakamoto Holdings, which merged with KindlyMD earlier this month; digital infrastructure fund Sora Ventures; AsiaStrategy; telecom distributor Moon Inc.; digital asset holding agency Mythos Group; and Bangkok-based asset supervisor Kliff Capital.
The assembly “marks the primary milestone in realizing our imaginative and prescient of unlocking Thailand’s potential to turn out to be ASEAN’s Bitcoin DAT hub,” Kip Tiaviwat, founder and companion at Kliff Capital, advised Decrypt.
Thailand has maintained its standing as Southeast Asia’s second-largest financial system, although it has struggled with weak progress, family debt, and a slowing tourism sector, in line with July 2025 information from the World Financial institution. Crypto might provide a further avenue for progress.
The nation’s imaginative and prescient could be achieved by “the collaboration between international trade leaders and a key nationwide determine who shares and drives the imaginative and prescient,” Tiaviwat mentioned, citing Thai locals’ familiarity with Bitcoin and crypto as a key benefit.
Shinawatra constructed his fortune by Shin Company, now Intouch Holdings, a holding firm targeted on the telecommunications sector.
In December final 12 months, Shinawatra was appointed as a casual advisor to the Affiliation of Southeast Asian Nations by Malaysian Prime Minister Anwar Ibrahim.
The previous Prime Minister has additionally confronted a number of corruption allegations through the years, together with scrutiny within the 2006 sale of Shin Company to Singapore’s Temasek stemming from criticisms over tax therapy and overseas possession guidelines.
Shinawatra is at present concerned in ongoing courtroom proceedings associated to previous corruption circumstances and political disputes, that are prone to proceed influencing Thailand’s political panorama within the close to time period, in line with a Reuters report from final week.
Efforts have been made to contact the previous Prime Minister.
