According to ChainCatcher and reported by Decrypt, former Thai Prime Minister Thaksin Shinawatra met with global digital asset investors in Bangkok on August 26 to discuss the proposal to position Thailand as the ASEAN digital asset center.
The proposal to establish a sovereign strategic reserve to enhance the long-term resilience of Thailand's financial system and economy has received support from several international companies, including Metaplanet and UTXO Management. Participants also included companies such as Nakamoto Holdings, Sora Ventures, and AsiaStrategy. Kliff Capital founder Kip Tiaviwat stated that this move is an important step towards realizing Thailand's vision of becoming the ASEAN Bitcoin digital asset center. Earlier reports indicated that the Thai Ministry of Finance has selected KuCoin to participate in its global first public offering of tokenized government bonds.