The Thai Financial Technology Association (TFA) has signed an agreement with the Hungarian Coalition. According to the document, companies are uniting to exchange experience and work together to implement blockchain in the financial environment.

The director of TFA noted that e-commerce, work with digital payments and much more are developing quite rapidly in Thailand. Therefore, the merger with the Hungarian company will improve the quality of current and future financial transactions.

Nowadays, about 20% of cryptocurrency holders from the total number in the world live in Thailand. In the 2022 cryptocurrency adoption ranking, the country ranked 8th.

Earlier, news came out that the registration center of Norway plans to work with the Metaverse.