Roundtable Discussion: Over 10 Million Crypto Users in Southeast Asia, Shifting from Retail Speculation to Business Payments and Institutional Adoption

Foresight News reported that Bitkub co-founder Atthakrit Chimplapi, Coinhako co-founder and CEO Yusho Liu, and Coins.ph CEO Wei Zhou attended the Hong Kong Consensus 2026 conference “Charting the Explosive Growth of Crypto Adoption in” Southeast Asia" roundtable forum to discuss the current state of the crypto market in Southeast Asia. Participants noted that with the actual crypto users in Southeast Asia far exceeding 10 million, the market is at a critical inflection point from mere retail speculation to commercial payments and institutional adoption.

Atthakrit Chimplapi, co-founder of Thai crypto trading platform Bitkub, said that the Thai government has implemented a 0% capital gains tax policy, and Bitkub plans to enter the field of securities and derivatives trading through mergers and acquisitions this year, and has launched Thai baht stablecoins to promote the retail payment scenario.

Yusho Liu, co-founder and CEO of Singaporean crypto trading platform Coinhako, pointed out that stablecoins have shown great potential in treasury management and cross-border settlement, and Coinhako has launched relevant cross-border payment pilots. In addition, its license has recently been upgraded to support its global clientele.

Wei Zhou, CEO of Philippine crypto trading platform Coins.ph, said that Coins.ph is shifting its focus from retail infrastructure to commercial applications, aiming to drive cryptocurrencies into practical business scenarios such as trade flows and loans, and plans to pilot stablecoin payments in Boracay.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Io.net Targets AI Cloud Costs With Decentralized GPU Network

Io.net offers a decentralized solution for AI computing, addressing the rising costs faced by developers. It provides affordable, on-demand GPU capacity, aiming to bridge the gap for smaller innovators in a market dominated by high expenditure.

BlockChainReporter31m ago

Circle Minted $3.25 Billion USDC on Solana Past Week, What This Means

Circle Internet Group minted $3.25 billion in USDC on the Solana blockchain, marking the largest weekly issuance in 2026. This move reflects Circle's strategy to enhance USDC's accessibility and capitalize on Solana's speed and low fees amid rising stablecoin demand.

BlockChainReporter2h ago

Nasdaq-listed OFA Group reaches a $15 million RWA tokenization agreement

OFA Group and MD Queens Development have reached an agreement to provide RWA tokenization services, supporting the blockchain infrastructure for a Long Island project in New York. OFA will receive a total of $15 million in funding, paid in stages.

GateNews3h ago

BTC Digital and Aurora Energy Partner to Build an AI Computing Platform Powered by Natural Gas

Gate News message, April 6, BTC Digital signed a joint development and operations agreement with Canadian energy company Aurora Energy. The two sides will combine Aurora Energy’s natural gas resource advantages and BTC Digital’s experience in operating computing infrastructure to jointly build high-performance computing facilities. The facility’s initial phase will support Bitcoin mining, with plans to expand in the future to artificial intelligence computing, data center computing, and other high-performance computing application scenarios.

GateNews4h ago
Comment
0/400
No comments