The Thai government is ramping up its efforts to enhance the country’s digital economy, with the latest development being the appointment of crypto veterans as advisors. Among them are Tekin Salimi, co-founder of dao5, and Rushi Manche, co-founder of Movement Labs. Their appointments are aimed at accelerating Thailand’s blockchain and stablecoin infrastructure, promoting cryptocurrency adoption, and advancing the nation’s digital economy.
Thailand Ropes In Crypto Veterans To Boost Digital Economy
The Thailand International Digital Business and Financial Center (TIDC) has enlisted Salimi and Manche as advisors, signaling the center’s dedication to fostering innovation in digital finance. This move reflects TIDC’s strategic vision to channel the expertise of industry leaders for the development and support of its initiatives.
Supported by Thailand’s Ministry of Digital Economy and Society (MDES) and National Telecom Public Company Limited (NT), TIDC aims to cultivate a digital-first ecosystem, attract digital business investments, and drive technological innovation. TIDC’s commitment extends to the deployment of cutting-edge technologies, including AI, machine learning, blockchain, big data analytics, cloud computing, and IDC technology.
Rushi Manche, co-founder of Movement Labs, a blockchain firm focused on improving the security and efficiency of blockchain networks, welcomed the appointment, stating, “We will make Thailand a crypto superpower.”
proud to be an official advisor for the Thailand government via TIDC on their digital asset rollout with @tekinsalimi
thailand like many emerging markets are quickly growing their digital asset strategy especially with the american signoff.
these regions are most keen for…
— rushi (@rushimanche) February 6, 2025
Meanwhile, Tekin Salimi, an entrepreneur, venture capitalist, and former lawyer, founded the cryptocurrency asset management fund dao5, which manages assets exceeding $500 million. Salimi is also involved with Tao5, an incubator and network validator project that supports the Bittensor ecosystem.
According to Mache, the duo is focusing on several exciting initiatives, including the tokenization and issuance of a national stablecoin, decentralized training for AI networks, and building strategic reserves for assets like BTC, ETH, MOVE.
Also Read: Thailand SEC to Launch Blockchain-Based Debt Trading System
Source: https://www.cryptonewsz.com/thailand-crypto-veterans-digital-economy/