A cafe in northeast Thailand has become home to cryptocurrency traders, adding banks of screens showing the latest market moves and dishing out investment advice alongside coffee and cake.
Behind a calm exterior of cherry blossom trees, customers of HIP Coffee & Restaurant stare at their laptops, supping nervously on iced coffee – part of a surging interest in digital assets in Thailand that has regulators worried.
“It’s exciting for me to be here because I get to meet people who share the same interests,” said Detnarong Satianphut, a 35-year-old crypto trader.
“We (traders) get to exchange information because in the trading world we are coming up against millions of people.”
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Cryptocurrencies have been gaining momentum in Thailand, with as much as 251 billion baht ($7.62 billion) in digital…
