Former Thai PM Thaksin urges adoption of stablecoins to boost Thai income
Former Thai Prime Minister Thaksin Shinawatra stated that allowing stablecoins and other asset-backed tokens to be traded has "no risk" and urged regulators to legalize online gambling to increase revenue. He pointed out that the Thai government currently loses about $4 billion (100 billion baht) in online gambling tax revenue each year. The Thai cabinet has approved a draft of the "Entertainment Facilities Management Act" aimed at legalizing casinos and the gambling industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget CFD Leverage Adjustment in the Second Week of November 2026
Bitget CFD Holiday Trading Hour Adjustment During November 2026
CandyBomb x KOR: Trade to share 5,000,000 KOR
Announcement on the Adjustment of the Maximum Interest-Bearing Leverage Multiplier for the USDGO HodlerYield Campaign
Crypto prices
More
