Thailand and Vietnam emerge as ASEAN crypto trading hot spots

Each country logs over $100bn transactions in a year, topping Singapore

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Chainalysis said Thailand and Vietnam saw high web traffic to marketplaces for non-fungible tokens. © Reuters

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Thailand and Vietnam have become the top crypto trading hubs among the 10 members of the Association of Southeast Asian Nations, beating even financial center Singapore, which has been grappling with new legislation to control the nascent sector.

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