A representation of Bitcoin is seen in front of a stock graph and US dollar in this illustration. REUTERS
Although Thailand has banned the use of digital assets to pay for goods and services, some organisations think they may still be used as a future alternative currency.
REDEFINING CURRENCY
The Federation of Thai Industries (FTI) believes cryptocurrency may become an alternative currency, to be used alongside physical money, with the Russia-Ukraine war boosting the prospects of digital assets becoming a medium of exchange.
The federation has encouraged entrepreneurs to take a closer look at cryptocurrency to find out whether it can become a new channel of payment, but the risks of using this digital cash, which is detached…
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