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Thursday, May 16, 2024

Catering to the crypto craze

Pongsatorn Chandavimol, community creator at Seacon Square. Photo: Varuth Hirunyatheb

Last April, Bitcoin soared to its highest record of 2 million baht per unit. The weakening baht against the US dollar was one of the reasons the cryptocurrency set the new record. This high water mark showed that many Thai investors were interested in the crypto market. Due to the growth of the market, two cafes — Hip Coffee & Restaurant and The Moon: Crypto & NFT Café — aim to be gathering spaces for the crypto communities in Thailand.

Located in Nakhon Ratchasima, Hip Coffee & Restaurant is notable for its unusual interior, with 21 monitors to watch crypto trading in one room. Oakkharawat Yongsakuljinda, the manager, said the screens were set up last year to monitor trading in stock markets. A couple of months ago,…

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