Binance is shifting its focus to increase cryptocurrency adoption in Thailand which could transform the future of digital assets in the Asian region.
Binance announced it wants to make virtual coins a mainstream currency in the Thai market, which could propel the crypto platform to hit 1 billion users.
Binance Chief Marketing Officer Rachel Conlan said that the crypto firm sees Thailand as a key strategic market in expanding its dominance in the cryptocurrency sector.
A Strategic Market
During the Binance Blockchain Week, Conlan explained that Binance’s primary market is Asia because there are many early crypto adopters in the country.
The Binance executive added that the Southeast Asian country has taken the “pioneering approach” when it comes to digital currency, believing that Thailand is moving in the right direction in making crypto regulations.
“I think that is what ultimately is going to help this industry…
