Source: Bangkok Post
A seemingly small news item, but it is opening the door wide for crypto 'mainstreaming' in Southeast Asia.
📍What is happening?
• The Central Bank of Thailand is researching a pilot program that allows tourists to link digital assets (crypto) with credit cards for direct spending in Thailand.
• This is a stepping stone for crypto to become a practical payment tool – rather than just a speculative asset.
🔎 Trader's Perspective:
• This is not just a travel story → but a clear signal of 'the acceptance of legalizing digital assets' at the national level.
• With Thailand being a top travel destination, the number of international visitors exceeds 30 million each year → the potential for integrating crypto into payments is significant.
📊 Market Expectations:
• Tokens related to payments, stablecoins, or blockchain layers supporting fiat-on-chain may be of interest in the near future.
• Traders should add trends of 'crypto x real-life use-case' to their watchlist to catch the wave early.
⚠️ Warning: Don't wait until the entire market 'gets it' → by then it will be the head and shoulders of the trend.
📣 Do you think the Vietnamese government will take similar steps in the next 2-3 years?