Thailand Taps Blockchain Gurus to Lead Digital Finance Charge

Generated by AI AgentCoin World
Thursday, Feb 6, 2025 6:01 am ET1min read

Thailand Moves Toward Digital Finance Leadership with New Blockchain Advisors

Thailand is making significant strides in the digital finance sector by appointing two new advisors to the Thailand International Digital Business and Financial Center (TIDC). The advisors, Tekin Salimi and Rushi Manche, bring extensive expertise in blockchain and stablecoin systems, as well as a deep understanding of crypto adoption and digital investments. Their appointments are expected to help Thailand improve its blockchain and stablecoin systems, promote crypto adoption, and attract more digital investments.

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https://twitter.com/rindervirtuoz74/status/188****433326248247
Why These Appointments Matter

TIDC is backed by Thailand’s Ministry of Digital Economy and Society (MDES) and National Telecom Public Company Limited (NT). Their goal is to create a strong digital environment, support new tech projects, and bring in global investments. Salimi and Manche’s appointments are crucial for achieving these objectives.

https://twitter.com/tekinsalimi/status/188****675030299132

Tekin Salimi is the founder of dao5, a crypto fund managing over $500 million. He is also a former lawyer with extensive knowledge of blockchain investments. Rushi Manche co-founded Movement Labs, a company working on making blockchain networks more secure and efficient. Their expertise will be invaluable in helping Thailand attract blockchain projects and improve its digital systems.

https://twitter.com/rushimanche/status/188****885103804538
Thailand’s SEC Embraces Blockchain

In addition to TIDC’s efforts, Thailand’s Securities and Exchange Commission (SEC) is launching a new blockchain-based platform for trading digital tokens. This platform will make it easier and faster for companies to trade digital assets, like tokenized bonds and other investment products. The SEC has already approved four token projects, with two more under review, focusing on green finance and investment opportunities. The new system will handle everything digitally, from trading and payments to keeping track of investors. The SEC also plans to connect different blockchain

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