While crypto volumes surge on Thailand’s licensed exchanges, P2P platforms appear to be falling out of favor
Crypto adoption appears to be booming in Thailand, with the local Securities and Exchange Commission, or SEC, estimating domestic crypto volumes have increased by nearly 600% since November.Data compiled by the Thai’s SEC and published by Bloomberg indicates combined volume across licensed Thai crypto exchanges increased from 574.5 million in November to $3.96 billion in November.Speaking to Bloomberg, Atichanan Pulges, co-founder of top Thai exchange Bitkub, estimated volume on his platform had increased by 40% between January and February. Pulges claimed Bitkub represents 90% of local trade activity and services 300,000 customers.Despite the surge in licensed crypto volumes, Thai peer-to-peer trading has seen comparatively muted growth.While roughly $650,000 worth of Bitcoin traded weekly on top P2P marketplaces
Źródło: https://cointelegraph.com/news/thai-crypto-adoption-is-booming-with-volume-up-588-since-november
