A restaurant in northeast Thailand has become a center for traders of cryptocurrency. A cryptocurrency is a form of digital money that is not regulated by any central bank.
HIP Coffee & Restaurant is a café that serves coffee and food. But it has setup screens showing the latest price information on cryptocurrency markets for its customers. The café also offers investment advice to go along with its coffee and cake.
Detnarong Satianphut is a 35-year-old cryptocurrency trader and a customer at the café. He told Reuters, “It’s exciting for me to be here because I get to meet people who share the same interests.” He added, “We (traders) get to exchange information because in the trading world we are coming up against millions of people.”
Cryptocurrencies have started becoming more popular in Thailand. The latest official data suggest that as much as $7.62 billion in digital currency was traded in November.
In January, Thailand said it would start to regulate the use of…
