The former Prime Minister of Thailand proposed positioning Thailand as the ASEAN digital asset hub and establishing a sovereign strategic reserve

ChainCatcher news, according to 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 hub.

The meeting proposed the establishment of a sovereign strategic reserve to enhance the long-term resilience of Thailand's financial system and economy, and received support from several international companies, including Metaplanet and UTXO Management. Participants also included companies such as Nakamoto Holdings, Sora Ventures, and AsiaStrategy.

Kip Tiaviwat, founder of Kliff Capital, stated that this move is an important step towards realizing Thailand's vision of becoming the ASEAN Bitcoin digital asset hub. Previous reports indicated that the Thai Ministry of Finance had selected KuCoin to participate in its global first public offering of tokenized government bonds.