Binance is prioritizing Thailand as a key market for global expansion, driven by the country’s supportive crypto regulations. Binance’s CMO, Rachel Conlan, highlighted Thailand’s 12% crypto adoption rate—double the global average—and praised its “pioneering approach” to regulation, which she believes is crucial for industry growth.
Binance has gained 60 million users recently, attributing this to increased institutional interest and developments like ETF approvals. With 240 million users now, Binance aims for a 20% global crypto adoption rate within three years.
Thailand’s own initiatives, including a Digital Asset Regulatory Sandbox and Siam Commercial Bank’s stablecoin payment system, further align with Binance’s goals, positioning the country as a significant player in crypto’s mainstream growth. Show Less
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