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Coffee, cake and crypto: that’s what’s hip at this eatery

Lifestyle

Coffee, cake and crypto: that’s what’s hip at this eatery

A Thai cafe has become a stock exchange of sorts, but the government is worried about risks to the economy

Jiraporn Kuhakan and Vorasit Satienlerk

A cafe in northeast Thailand has become home to cryptocurrency traders, adding banks of screens showing the latest market moves and dishing out investment advice alongside coffee and cake.

Behind a calm exterior of cherry blossom trees, customers of HIP Coffee & Restaurant stare at their laptops, supping nervously on iced coffee — part of a surging interest in digital assets in Thailand that has regulators worried.

“It’s exciting for me to be here because I get to meet people who share the same interests,” said Detnarong Satianphut, a 35-year-old crypto trader...

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