The Thailand International Digital Business and Finance Centre (TIDC) has appointed Tekin Salimi and Rushi Manche as advisors to strengthen its position in the cryptocurrency sector.
New Appointments at TIDC
The Thailand International Digital Business and Finance Centre (TIDC) appointed Tekin Salimi, founder of dao5, and Rushi Manche, co-founder of Movement Labs, as advisors. This decision aims to enhance the country's digital economy. Tekin Salimi is the founder of dao5, an asset management fund with over half a billion dollars. He previously worked at Polychain Capital, supporting promising blockchain startups. Rushi Manche is a co-founder of Movement Labs, a firm developing programming languages for blockchains like Aptos and Sui.
Strategic Vision
The appointment of these two prominent figures is part of Thailand's strategy to advance governmental projects, such as the development of stablecoins and the promotion of cryptocurrency adoption. Salimi and Manche's expertise could help position Thailand as a leading digital and financial hub in Southeast Asia.
Crypto Regulation in Thailand
Thailand takes a liberal approach to cryptocurrency regulation. In 2025, the launch of a product for tourists using Bitcoin in Phuket was announced. Despite the Bank of Thailand's cautious stance, the government plans to launch a 10 billion baht stablecoin by the end of the year. The Thai Securities and Exchange Commission is also developing a trading system for digital tokens using distributed ledger technology.
The new appointments at TIDC mark a pivotal moment for Thailand in its bid to become a digital business hub in the region, supporting the development of cryptocurrency technologies.
