Digital Assets

Asia's real-time payment innovation is laying the groundwork and serving as a model for many other fintech businesses to follow, Zennon Kapron, founder and director of Kapronasia, a Singapore-based fintech research and advisory firm, said on Tuesday.

Strengthening Thailand's digital communities and providing insightful analytical data to local tech startups are key parts of Cryptomind Group's 2024 strategic direction to make the country Asia's new Web 3.0 hub, group CEO Sanjay Popli said on Thursday.

The budget for digital advertising this year is expected to surpass television for the first time, in an evidence of the changing times.

Encouraging Thais to embrace blockchain technology, Digital Economy and Society (DES) Minister Prasert Chantararuangthong highlighted the pivotal role it plays in the country’s digital economy.

Thailand has the strength and potential to be Southeast Asia’s digital asset hub due to the country's impressive progress in implementing and regulating digital currency, said Danny Levy, managing director for Asia, Australia, and New Zealand of Money20/20, the world's largest fintech-event organiser.

Cryptocurrency, particularly Bitcoin, still has potential as a substitute currency for international trade thanks to improvements in financial technology and the ongoing development of the blockchain infrastructure, according to Xapo Bank, a regulated private bank in Gibraltar that offers access to US dollar and Bitcoin accounts, giving its members a level of security, privacy and flexibility that is unmatched in the traditional banking industry.