Binance keen to develop Thailand as crypto hub

Thailand has ample potential to become a cryptocurrency hub in Asia-Pacific, says Binance, as the world’s largest crypto exchange operator identified three pillars to capitalise on growth in the fast-growing region.

- NAREERAT WIRIYAPONG

SB Seker, the new head of Asia-Pacific for Binance, said Thailand has a lot of potential to further develop the digital asset space, supported by a clear legal framework, crypto awareness among the population and the macroeconomic point of view.

In terms of legal stability, Thailand is ahead of many countries in Asia-Pacific regarding regulations and framework. He said awareness of crypto is moderately high in the country, though there’s always room for further education.

According to Chainalysis’s latest annual report, Thailand ranked 17th in the 2025 global crypto adoption index and seventh in Asia-Pacific, following some of the world’s most dynamic and populous markets, including India, Pakistan and Bangladesh.

This ranking demonstrates Thailands a significant player in one of the world’s fastest-growing regions for digital assets, said Mr Seker.