A Eurasian View on Fintech: Thai Fintech Association and EBA sign Memorandum of Understanding

by | Feb 5, 2024 | news, Partnerships | 0 comments

It is our great pleasure to announce today that the Thai Fintech Association and the European Blockchain Association have signed a Memorandum of Understanding. The partners aim to strengthen mutual collaboration, networking, and exchange between European and Asian players in the growing fintech industry, especially with regards to standardisation, regulation, and education.  

Thai Fintech Association: a knowledge hub for the industry and the public

The Thai Fintech Association (“TFA”) is a non-profit organisation, founded 2016 to promote research and development of fintech innovations and industry standards for the fintech industry in Thailand and neighbouring countries. The organisation provides networking opportunities, hosts events, and acts as a knowledge hub for the industry as well as the public. 

“Networking and an exchange of views and experiences is part of the DNA of the Thai Fintech Association. We are very pleased that with the European Blockchain Association we found a partner with a diverse member-base that is not only well-connected across Europe, but also has a strong expert network when it comes to European regulation, legal frameworks, and practical experiences. I am certain, both EBA and TFA members will profit greatly from an ongoing exchange”, states Eetu Kuneinen, Chair of International Committee at TFA.

Solutions for a global, blockchain-based industry

“Fintech is a global, blockchain-based industry. It is essential that solutions are developed and deployed with cross-border functionality considered right  from the start. We are extremely happy that with this partnership we foster a mutual understanding of the necessary legal, regulatory, and technological frameworks needed to build a future-proof global financial ecosystem, says Dr. Michael Gebert, Chairman of the European Blockchain Association.