BitPR.info

Popular Thai Foreign Exchange Chain to Add Cryptocurrencies

Superrich International Exchange, a popular foreign currency exchange chain in Thailand, has reportedly revealed a plan to begin offering travelers cryptocurrency exchange service in addition to 32 fiat currencies. The company has 49 locations in Thailand, one in Cambodia, one in Britain, and is also in talks with regulators to start operations in Laos.

Having been in business since 1965, Superrich describes itself as “The best currency exchange in Thailand with 49 locations throughout the country and 2 in other countries, with 32 currencies available.” The chain consists of 43 locations in Bangkok, six in Thailand’s provinces, one in Cambodia and one in Britain. In addition, the company is in talks with the Laotian authorities to begin money-changing operations in the country, the Bangkok Post reported on Sept. 24.

The president of Superrich, Piya Tantivachayanon, was quoted by the publication saying:

We would offer digital asset exchange for travellers…The company also plans to offer an e-wallet service, and we’re exploring business partners[hips] to help develop technology. There are many companies from Malaysia, Britain and Laos that have expressed interest.

According to Tantivachayanon, Superrich is “modernising its branches by adopting new technology to serve customer demand and compete with other money changers,” the news outlet detailed. Ryt9 publication added that the company hopes to start offering a crypto exchange service this year.