According to Decrypt, former Thai Prime Minister Thaksin Shinawatra met with representatives from global digital asset companies such as Japan's Metaplanet and UTXO Management in Bangkok to discuss positioning Thailand as a Bitcoin digital asset treasury hub for ASEAN (Association of Southeast Asian Nations) and supporting the establishment of sovereign strategic reserves to enhance the resilience of the financial system. This initiative aims to address issues such as Thailand's economic slowdown and debt. Previously, former Prime Minister Thaksin had indicated that Thailand would launch a cryptocurrency sandbox involving the private sector in October.