After months of market volatility and sliding prices, the digital asset landscape in Thailand is poised for intense competition, with new players lining up to enter the sector amid a tightening regulatory environment.
The global cryptocurrency market is expected to remain stagnant for the next 6-12 months as US interest rate policy and cuts to balance sheets reduce market liquidity. Many investors are licking their wounds after several crypto platforms went bankrupt, while problems have hampered Thailand's two main crypto exchanges, dampening investor confidence.
