"The removal of PM Srettha will have minimal impact on digital asset regulations," said Tanawat Sutunthivorakoon, the CEO of Bitazza Thailand, emphasizing the continuity of crypto policies irrespective of government changes.
Sanjay Popli, CEO of Cryptomind Advisory, remarked, "It's unlikely that the new Prime Minister will have significantly different views on cryptocurrency, given that the ruling party, Pheu Thai, remains in power."
"The Thai Securities and Exchange Commission has consistently supported the crypto industry for the past six years irrespective of the ruling party in parliament," noted Sutunthivorakoon, highlighting regulatory stability.
Thailand ranks 10th in Chainalysis' 2023 Global Crypto Adoption Index Top 20, showcasing the growing acceptance of cryptocurrency and regulators' efforts to manage its ecosystem.
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