Thailand as a digital hub
“Thailand is one of the top countries for high adoption. We have also expanded rapidly in the trade of digital assets, while major players such as banks have invested in the cryptocurrency market,” said Sanjay Popli, Cryptomind Group’s CEO.
However, he said, to become a digital hub in Southeast Asia, Thailand must address a few challenges first, like regulations, visa policies and talent development.
As for the “Build in Bear, Rise in Bull” theme, he explained that in a bear market, investors pull back or delay their investments in risky assets like digital ones.
However, he said, this dull period is also great for people to sharpen their knowledge and skills, as well as accumulate potential growth assets before the bull market emerges.
“Currently, the bear market for digital assets has already ended, which means this market is rising amid several factors of support, such as the growth of Bitcoin, the upcoming Bitcoin Halving in 2024 and the approval of the Bitcoin SPOT ETF,” he said.
He said this event’s goal is to serve as a national platform for tech nerds, experts and other interested parties to share their knowledge and experience to improve the overall ecosystem.
The expo, which is showcasing technology from nearly 50 businesses as well as a line-up of expert speakers, is expected to attract more than 5,000 attendees.
“What surprises me is that nearly 500 foreigners have registered to attend this year. The majority of them are from Vietnam, Singapore, Hong Kong, Taiwan, and China,” he said, adding that this expo will eventually become an event in the region that nobody wants to miss.