Thaksin Proposes Bitcoin Reserve, Eyes Thailand Crypto Hub

Published: 2025-08-28 08:37:18 |

Former Thai premier Thaksin Shinawatra met with global digital-asset firms in Bangkok to propose creating a sovereign Bitcoin reserve aimed at positioning Thailand as a regional crypto hub. At the meeting, key participants from Metaplanet, UTXO Management, Nakamoto Holdings, Sora Ventures, Mythos Group and local Kliff Capital discussed deploying state-held digital assets to enhance market stability, provide short-term liquidity in volatile markets and diversify national reserves. The Thailand crypto hub plan seeks to attract institutional capital for custody, trading and settlement infrastructure in Bangkok, boosting financial resilience amid weak growth and high household debt cited by the World Bank in July 2025. Proponents argue that clear governance, risk controls and transparent accounting are essential. The initiative could reinforce Thailand’s crypto strategy by leveraging its telecom and financial networks to compete with other ASEAN centres. Formal endorsement would require regulatory approval and pilot programmes. Traders should watch developments closely, as a sovereign Bitcoin reserve may influence Bitcoin demand and set a precedent for digital-asset management in the region.

Bullish

Government-led Bitcoin reserve proposals signal growing institutional acceptance of digital assets. Historically, sovereign Bitcoin initiatives—such as El Salvador’s—have supported long-term demand and price stability, despite initial volatility. Thailand’s plan to establish a crypto hub and deploy a state-held reserve could attract infrastructure capital and boost onshore demand and liquidity. In the short term, markets may react modestly as regulatory approval and pilot programmes proceed, potentially causing temporary volatility but settling quickly. Over the long term, clearer regulation and expanded regional adoption are likely to enhance market confidence and draw institutional investors, supporting Bitcoin price appreciation. Overall, this framework is a bullish catalyst for the market.