- Finance Law
- Asia
- Web3 / Metaverse
Thailand's Cryptocurrency Landscape: A Retrospective Look at Thailand's Legal Framework and Market Situation in the Bull Run Era
The cryptocurrency market has evolved significantly, and achieved major milestones as a decentralized digital currency system in recent years. Thailand has emerged as a notable player in the global cryptocurrency landscape, with market capitalization in excess of THB 90,000 million in 2024 (a robust 73.99% growth since 2023) and is using an adaptive legal framework to establish comprehensive cryptocurrency laws and regulations. A review of the relevant laws and regulations, and their evolution over time, is helpful to understand the past, present, and future of the cryptocurrency market in Thailand. Cryptocurrency is a revolutionary form of digital currency, which operates on decentralized blockchain networks, with prices determined primarily by market supply and demand, without being controlled by any centralized authority. Cryptocurrency plays…To read the full article, please see the PDF file
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Finance Law & Web3 / Metaverse & Asia Newsletter
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He advises on a wide range of merger-and-acquisition transactions, joint ventures, foreign direct investments, general corporate, international corporate finance, and restructurings. His expertise is advising, structuring and leading complex transactions both within and outside of Thailand. He regularly represents, among others, Japanese, Thai and international investors, international investment banks, international private equity investors, hedge funds and international corporations and financial institutions. His main areas of practice include public and private mergers and acquisitions (takeover rules), legal due diligence, joint ventures, fund raising, listings, block trades, stock exchange and securities exchange related laws, restructuring of shareholdings and general corporate advice. His additional areas of practice also cover banking and finance, renewable energy in Japan and Thailand, exchange control law, labor law, and debt restructurings. Before setting up the Bangkok office of Nishimura & Asahi in 2013, he worked with Linklaters for almost a decade. He is also a registered arbitrator of the Thai Arbitration Institute (TAI) with the areas of expertise in corporate M&A, joint venture, banking and finance, capital markets, debt restructurings and energy.