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.

View Original
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

Tencent Light Cloud becomes a sponsor of OpenClaw, following Baidu

Tencent Lightweight Cloud recently became a sponsor of OpenClaw, following Baidu. Tencent's AI team responded by positioning SkillHub as a localized skill platform based on OpenClaw, aiming to enhance the user experience for Chinese users, and stated that its team is an active code contributor.

GateNews55m ago

Solana Expands Cross-Chain Access as Avalanche’s AVAX Launches

Solana expanded cross-chain access after AVAX went live through Sunrise, bringing Avalanche’s native token into its ecosystem. The AVAX launch on Solana adds a new route for trading, transfers, and broader asset access across blockchain networks. Solana has opened up cross-chain access on it

CryptoNewsFlash1h ago

Mastercard Teams Up With Polygon, Ripple, Solana, and Aptos for Global Crypto Partner Program

Mastercard launched a crypto partner program with 85+ firms, including Polygon, Ripple, Solana, and Aptos, to connect blockchain with payment rails. The program targets cross-border payments, B2B transfers, and payouts by linking stablecoin and onchain tools to global commerce. Mastercard ha

CryptoNewsFlash1h ago

Foundry Launches Institutional-Grade Mining Pool for Zcash

Foundry will launch a Zcash mining pool next month, extending its mining operations beyond Bitcoin. The pool will offer auditable payouts and scalable infrastructure as Foundry expands into ZEC mining for institutional users. Foundry Digital plans to launch a Zcash mining pool in

CryptoNewsFlash1h ago

Ghana’s Central Bank Tests Stellar-Based Akuna Wallet for Creator Economy Payments

Akuna Wallet entered the Bank of Ghana’s VASP sandbox to test Stellar-based cross-border payment tools for creators and freelancers. The platform targets payment costs in Sub-Saharan Africa, where cross-border transfers average 8.8%, above the UN’s 3% goal. Akuna Wallet has joined the Bank o

CryptoNewsFlash3h ago

Brave Introduces Cross-Chain Swaps for Bitcoin, Solana, Zcash, and Cardano Supported by NEAR Intents

Brave Wallet v1.88 added NEAR Intents, enabling cross-chain swaps across Bitcoin, Solana, Zcash, Cardano, and EVM networks. NEAR Intents has processed over 19 million swaps and more than $14 billion in volume across 35 chains before this wallet integration. Brave has added NEAR Intents to it

CryptoNewsFlash3h ago
Comment
0/400
No comments