Coins.ph CEO Highlights Thailand’s Untapped Crypto Deposit Market

At the Asia Macro Summit in Hong Kong, Wei Zhou noted that while up to 40% of Thais may adopt crypto, only 0.1% of deposits are currently in digital assets.

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Terms & Concepts
  • Crypto adoption: The proportion of a population actively using or holding cryptocurrencies for transactions or investment.
  • Digital asset deposits: Funds held in cryptocurrency accounts or wallets, often within exchanges or financial institutions.
  • Coins.ph: A Philippines-based crypto wallet and exchange platform enabling users to buy, sell, and store digital currencies.