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Cryptocurrency News Articles

ACET Founder Worawat 'Acme' Narknawdee is Calling on the Thai Government to Embrace Bitcoin as Part of Its International Reserve Fund

Dec 03, 2024 at 09:07 pm

LONDON, Dec 3, 2024 - (ACN Newswire) - Recently, ACET celebrated reaching 150,000 holders worldwide in London. During this event, ACET founder Worawat 'Acme' Narknawdee

ACET Founder Worawat 'Acme' Narknawdee is Calling on the Thai Government to Embrace Bitcoin as Part of Its International Reserve Fund

Thai financial innovator and entrepreneur Worawat 'Acme' Narknawdee, who founded cryptocurrency coin ACT (ACET), is urging the Thai government to allocate a portion of its international reserve fund to Bitcoin.

As Bitcoin's market value reaches new heights, Acme, who is also a major Bitcoin holder, believes Thailand has the opportunity to position itself as a leader in the digital age by making this bold move. He envisions Bitcoin playing a crucial role in diversifying Thailand's financial reserves, enhancing its economic stability, and driving the country toward becoming a leader in blockchain innovation.

Acme acknowledges the concerns regarding Bitcoin's volatility and regulatory status, but he emphasizes that these challenges can be overcome through education, infrastructure development, and regulatory reforms.

"Thailand stands at a crossroads," said Acme. "The future of money is digital, and Bitcoin is the key to unlocking the potential of a fully digital economy. By taking bold steps today, Thailand can lead the region and set the stage for long-term prosperity in the global digital economy."

Acme's proposal aims to integrate Bitcoin into Thailand's reserves to enhance economic diversification, bolster resilience against global volatility, and ultimately fuel the country's digital economy. This strategic move could place Thailand at the forefront of blockchain technology and digital currency adoption in Southeast Asia.

As the world transitions to a digital-first economy, Thailand's decision to allocate a portion of its reserves to Bitcoin could serve as a catalyst for long-term growth and innovation, attracting global investment and positioning the nation as a true leader in the digital era.

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Other articles published on Feb 02, 2025