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Binance Targets Thailand’s Crypto Oasis As Launchpad To 1 Billion Users | Bitcoinist.com

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Binance Targets Thailand’s Crypto Oasis As Launchpad To 1 Billion Users | Bitcoinist.com

Binance is shifting its focus to increase cryptocurrency adoption in Thailand which could transform the future of digital assets in the Asian region.

Binance announced it wants to make virtual coins a mainstream currency in the Thai market, which could propel the crypto platform to hit 1 billion users.

Binance Chief Marketing Officer Rachel Conlan said that the crypto firm sees Thailand as a key strategic market in expanding its dominance in the cryptocurrency sector.

A Strategic Market

During the Binance Blockchain Week, Conlan explained that Binance’s primary market is Asia because there are many early crypto adopters in the country.

The Binance executive added that the Southeast Asian country has taken the “pioneering approach” when it comes to digital currency, believing that Thailand is moving in the right direction in making crypto regulations.

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“I think that is what ultimately is going to help this industry thrive and drive forward,” Conlan remarked.

A High Crypto Penetration

Conlan explained that one of the reasons why Binance targets Thailand for its expansion is its high crypto penetration rate, which is twice the global average.

Statistics showed that the global crypto penetration rate is only 6% but Conlan said that in Thailand the penetration rate is pegged at 12%.

The Binance executive noted that Bitcoin adoption worldwide remains relatively low although cryptocurrency has been in existence for many years now.

Bitcoin market cap currently at $1.45 trillion. Chart: TradingView.com

In recent months, there have been several factors driving the surge in crypto.

Currently, the cryptocurrency platform operates in 100 markets globally with at least 240 million users. The crypto firm continues its business expansion wherein 60 million users were added in more than six months.

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Turning Thailand Into A Crypto Hub

Binance’s crypto expansion is a welcome development in the Southeast Asian country as it aims to become a crypto hub in the region.

In October this year, Thailand’s Digital Asset Association president Nares Laopannarai said that it is plausible that the country could become a cryptocurrency center once strategic policies that support its development are implemented.

Laopannarai said that to be able to compete regionally, Thailand should bolster its position as a hub for digital assets by striking a balance between traditional finance and blockchain technology.

He added that the country is already going in that direction to become more supportive and less regulatory.

Binance Exec Filed Motion To Dismiss

In a related development, Binance lawyers and its ex-CEO Changpeng Zhao have asked the court to dismiss the charges filed by the US Securities and Exchange Commission (SEC) against them.

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The crypto firm’s lawyers and its former executive argued that the SEC’s amended complaint is a “lip service” to a previous ruling of the court which stated that crypto assets are treated as securities.

They added it seems that the SEC did not recognize the impact of the court’s ruling in cryptocurrency trading, saying that secondary market resales of crypto do not constitute “securities” transactions.

Featured image from Wanderlust Travel Magazine, chart from TradingView

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New law regulates cryptocurrency kiosks in Wisconsin to protect against scams

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New law regulates cryptocurrency kiosks in Wisconsin to protect against scams

WAUSAU, Wis. (WSAW) – A Wisconsin bill creating regulatory requirements for cryptocurrency kiosks is now law, aiming to protect people from scams involving the machines.

The Wood County Sheriff’s Department has been investigating scams involving cryptocurrency kiosks for more than three years and helped craft the new law.

Several people from the Wood County Sheriff’s Department have been testifying in Madison and educating people about these scams.

“And that’s something that is always an important part, but when you can get something out statutorily to protect people, that’s even better,” Becker said.

Daily limits and victim reimbursement

The law puts $1,000 daily transaction limits on the machines and requires machine operators to reimburse victims who report scams to law enforcement within 30 days.

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Sheriff Shawn Becker said the department began investigating after receiving a complaint from a citizen who was scammed out of thousands.

“When we got the initial complaint from one of our citizens came in and was scammed $9,000. And then we were, these crypto ATMs were new to there and new to the country,” Becker said.

The department began seizing cash from the machines after people were scammed, holding it as evidence. They would return money to victims, but cryptocurrency companies sued over the practice.

“So we had to change our tactics and we would still serve the warrant, but now we hold that cash here at the sheriff’s department until we get a court order,” Becker said. “I think it really made a difference to get where we’re at now.”

New requirements for operators

The law requires operators to add warning labels to kiosks. Cryptocurrency kiosks also have to be more than five feet away from an ATM.

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Scammers have taken thousands from victims, so the Wood County Sheriff’s Office has been pushing for the bill to be passed

Kiosk operators must take reasonable steps to detect and prevent fraud. They need to provide notices of virtual kiosks locations to law enforcement before the first transaction on that machine.

“I’m very proud of our department, our investigators that working together with the legal justice system to be part of something that has changed and protected people from being scammed,” Becker said.

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Op-Ed by Corbin Fraser, CEO of Bitcoin.com: The Bitcoin President Is Making Our Case for Us

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Op-Ed by Corbin Fraser, CEO of Bitcoin.com: The Bitcoin President Is Making Our Case for Us

What a difference eighteen months makes.

As I write this, a two-week ceasefire between the United States and Iran is hours old. Whether it holds is anyone’s guess. The war that the U.S. and Israel launched on February 28 has already killed American service members, destroyed universities and elementary schools, closed the Strait of Hormuz, and sent shockwaves through every market on the planet. The president who promised to end wars threatened, in his own words, that “a whole civilization will die tonight.” Iran’s ambassador at the United Nations called it incitement to genocide. Experts are debating whether the targeting of bridges, railways, and power grids constitutes war crimes. Children in Tehran are dead.

This is not what we signed up for.

The Bitcoin community did not coalesce around a political candidate so that he could become the latest patron of the military-industrial complex. The very machine, by the way, that Bitcoin was conceptually designed to defund. Satoshi’s whitepaper was published in the wreckage of 2008, a year when the Federal Reserve printed billions to bail out banks while governments spent trillions waging wars most citizens never asked for. Bitcoin was, from its genesis block, a protest against exactly this: the unchecked power of states to debase currency in service of violence.

I want to be clear about something: the crypto community’s natural disgust for war is not a political posture. It is a foundational value. We believe that when governments can’t print money at will, they can’t wage wars at will. That is the entire point. What is happening in Iran is a humanitarian catastrophe. Reports of children killed in residential neighborhoods, a major university bombed, human chains of young people forming around power plants to shield them from American missiles. These are not abstractions. They are the human cost of the very system Bitcoin was built to opt out of.

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The two-week ceasefire, brokered through Pakistan’s intervention, is a fragile reprieve. Iran has accepted negotiations in Islamabad beginning Friday. But we have already seen what happens when diplomacy is sabotaged. Iran’s IRGC intelligence chief was assassinated mid-conflict, negotiators have been targeted, and the pattern of setting deadlines only to extend them has made the entire process feel performative. Time will tell if this ceasefire holds.

What won’t change is the math. Wars cost money. Money comes from somewhere. And when governments run out of honest revenue, they print. Every dollar created to fund conflict is a dollar that steals purchasing power from the people who earn it. Every bomb dropped on Iranian bridges is paid for with dollars. Every aircraft carrier repositioned to the Persian Gulf runs on the full faith and credit of the United States Treasury. Every escalation widens the deficit, increases the pressure on the Fed, and further erodes the credibility of the dollar as a neutral global reserve currency.

Bitcoin fixes this. Not through slogans, but through mathematics. A hard cap of 21 million. No Federal Reserve. No emergency printing. No backdoor funding of wars the public never authorized.

To my fellow travelers in the Bitcoin and crypto space: I understand the disillusionment. Many of us believed that political engagement would accelerate adoption and protect our industry. But we should never have expected a politician, any politician, to embody the values of decentralization. That was always our job. Bitcoin doesn’t need a president. It needs users. It needs people who look at what’s unfolding on their screens right now and decide they’d rather hold an asset that no government can inflate to fund the next war.

If the intent of Trump as the de facto “ Bitcoin President” is to embolden our beliefs more in voting with our feet, in selling more USD for BTC, then he’s doing a hell of a job.

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Strategy Signals Bitcoin Supply Shock With 2.2x New BTC Supply Acquired and 24,675 BTC Gain

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Strategy Signals Bitcoin Supply Shock With 2.2x New BTC Supply Acquired and 24,675 BTC Gain

Key Takeaways:

  • Strategy Inc. reported acquiring 94,470 BTC in 2026, reaching 2.2x bitcoin supply absorption.
  • Bitcoin treasury metrics indicate 3.7% yield, generating 24,675 BTC worth about $1.7 billion.
  • Michael Saylor stated sub-$100K bitcoin window may close in 2026 amid rising demand.

Strategy Bitcoin Accumulation Outpaces Network Supply Growth

Strategy Inc. (Nasdaq: MSTR) shared on social media platform X on April 7 that it accumulated bitcoin faster than new issuance. The firm emphasized supply absorption and yield performance. The update framed its activity against bitcoin’s fixed issuance schedule and tightening supply dynamics.

The update outlines year-to-date performance figures showing acquisition at 2.2 times the natural bitcoin supply alongside a BTC yield of 3.7% and a BTC gain of 24,675, valued at approximately $1.7 billion. The accompanying image breaks down how this performance developed across both quarterly and cumulative periods. In Q1 2026, Strategy reported acquiring 89,599 BTC while generating a BTC yield of 3.2% and a BTC gain of 21,329. The visual also presents a corresponding dollar gain of $1.4 billion for the quarter. Year-to-date totals extend these figures to 94,470 BTC acquired, reflecting continued accumulation and improved yield efficiency over time.

Bitcoin Supply Mechanics Highlight Strategy Market Impact

Bitcoin supply mechanics provide the baseline for measuring this activity. Following the 2024 halving, each mined block produces 3.125 BTC, while the network averages about 144 blocks per day. This results in roughly 450 BTC entering circulation daily, a figure observable through on-chain data. Over a period of roughly 90 to 100 days, issuance totals about 40,000 to 45,000 BTC. Against this level, Strategy’s reported acquisition of 94,470 BTC results in a ratio slightly above 2.0x, aligning with its stated 2.2x depending on timing and block production variability.

Strategy Executive Chairman Michael Saylor framed this dynamic through the concept of supply absorption, describing how capital access allows entities to outpace bitcoin’s fixed issuance. He recently stated: “We can buy more bitcoin than they can sell.” With roughly 450 BTC produced daily, sustained buying can absorb both newly mined coins and available exchange liquidity. Saylor also described a reflexive flywheel, where capital raises fund additional bitcoin purchases, reducing available supply and increasing volatility. The approach emphasizes that bitcoin’s limited supply creates competition among market participants, framing the asset as digital property with constrained acreage. He added: “2026 will be known as the last year you could buy bitcoin at sub-$100K.”

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Additional dashboard data expands on the company’s broader financial and market positioning alongside its bitcoin strategy. Strategy shows a share price of $123.63 with a daily decline of 3.18%, while reporting a market capitalization of $42.88 billion and an enterprise value of $59.17 billion. The dashboard lists trading volume at $724 million and a 30-day average trading volume of $2.62 billion. Volatility metrics include 76% implied volatility, 55% 30-day historical volatility, and 72% one-year historical volatility. The company also reports open interest of $29.97 billion, an mNAV ratio of 1.13, and an amplification figure of 36%, indicating how equity performance relates to underlying bitcoin exposure.

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