Thailand’s New Prime Minister and the Future of Crypto
The government of Thailand has chosen Srettha Thavisin as the country’s next Prime Minister. As a longtime player in the cryptocurrency industry, Thavisin’s appointment could signal a shift in the government’s approach to the sector.
Main Points:
- Thavisin’s company was an active investor in XSpring Capital, a digital asset investment management firm
- Thailand has been uncertain about how to handle cryptocurrencies in the past
- Thavisin received 482 votes out of 747 to become the 30th Prime Minister of Thailand
- He must now secure the signature of King Maha Vajiralongkorn to officially take office
- Thavisin expressed gratitude for the support and vowed to work tirelessly for the betterment of the Thai people
Hot Take: With Thavisin’s background in the crypto industry, there is hope that Thailand will adopt a more progressive stance on cryptocurrencies and blockchain technology. If he follows through on his commitment to improving the lives of the Thai people, this could be an exciting time for the crypto community in Thailand.
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