Former Thai Prime Minister Thaksin Shinawatra has called for Thailand’s financial institutions to adopt a more progressive stance on cryptocurrency, according to a Reuters report.

Although no longer holding an official government position, Thaksin remains a significant political figure, with his daughter, Paetongtarn Shinawatra, currently serving as Prime Minister.

Speaking at a Bangkok event, Thaksin emphasised the economic opportunities of cryptocurrency, referencing global trends such as the U.S.’s pro-crypto policies.

He pointed to the appointment of Paul Atkins, a crypto deregulation advocate, to a prominent role in the U.S. Securities and Exchange…