Binance Aims to Make Thailand a Leading Crypto Hub in Asia-Pacific

Binance, the world’s largest cryptocurrency exchange, sees Thailand as a prime candidate to become a digital asset hub in the Asia-Pacific region.

According to SB Seker, Binance’s newly appointed Head of Asia-Pacific, the country possesses three key pillars for growth: a clear regulatory framework, rising public awareness, and a favorable macroeconomic environment.

“Thailand is ahead of many countries in the region in terms of regulation and legal clarity,” Seker told Bangkok Post. “Awareness of digital assets is already moderate, with significant room for further education.”

The latest annual report by Chainalysis ranked Thailand 17th globally and 7th in Asia-Pacific in its 2025 crypto adoption index, behind major markets such as India, Pakistan, and Bangladesh. This, Seker said, demonstrates Thailand’s strong position in one of the fastest-growing regions for digital assets.

Other factors, including rising disposable income and the ability of individuals to allocate wealth across different asset classes, add further momentum. “These are the pillars of growth—and Thailand has all three,” Seker noted.

Data from the Thai Securities and Exchange Commission (SEC) showed that as of August 2025, the country’s digital asset market was valued at nearly 100 billion baht, with daily trading volumes averaging 3 billion baht. This marks a sharp increase from 91.3 billion and 1.79 billion, respectively, in 2024. The number of digital asset accounts also climbed to 2.83 million, up from 2.43 million a year earlier.

“These improving statistics highlight the strong opportunity for Thailand to establish itself as a regional digital asset hub,” Seker added. He emphasized Thailand’s critical role in helping Binance achieve its global target of reaching 1 billion users by the end of this year.

To solidify its presence, Binance has launched Binance TH, a fully resourced local entity with a dedicated team. “We have invested in Thailand while many others have not, underscoring how essential local talent and opportunities are for us,” he said.

Seker, who took over as Binance’s Asia-Pacific head in September, brings over two decades of cross-sector experience in public service, traditional finance, fintech, and digital assets. His previous roles include senior positions at Crypto.com, Ant Group, and the Monetary Authority of Singapore.

He believes the Asia-Pacific region remains at the forefront of digital asset innovation and adoption, expanding at a rapid pace of 60–70% annually. This growth, he said, is supported by evolving regulatory frameworks and strong grassroots momentum.

Outlining Binance’s strategy for the region, Seker pointed to three priorities: ensuring licensing and compliance; enhancing financial literacy through user education; and driving product innovation to deliver simplicity, convenience, and safety to users worldwide.

“Our vision is to make Binance synonymous with safety, deeply engaged with our customers, and positioned to shape the future of digital assets,” Seker concluded.