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Search Result for “stablecoins”

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BUSINESS

Binance unit sees Bitcoin hitting $120,000

Business, Nareerat Wiriyapong, Published on 28/11/2025

» Bitcoin is forecast to peak in the first quarter of 2026, with the price possibly reaching US$120,000, backed by continued regulatory enhancement, growing acceptance from institutional and mainstream players, and the rise of stablecoins, says the Thai unit of Binance -- the world's largest cryptocurrency exchange.

BUSINESS

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

BUSINESS

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

BUSINESS

Bitcoin even more buoyant

Nareerat Wiriyapong, Published on 09/12/2024

» Bitcoin topped US$100,000 for the first time on Dec 5, jumping drastically from roughly $69,000 the day before the US presidential election about a month earlier.

BUSINESS

Firms urged to use more digital assets

Business, Nareerat Wiriyapong, Published on 29/07/2023

» Thailand has the potential to drive greater use of digital assets in the business sector, but a flexible and forward-looking regulatory framework is required to provide consumer safeguards and encourage innovation among operators.