Travelling to Thailand for a Holiday? Here's How You Can Use Cryptocurrency
5 Articles
5 Articles
Travelling to Thailand for a holiday? Here's how you can use cryptocurrency
Thailand launched a new TouristDigiPay service that allows visitors to convert digital assets, such as cryptocurrency, into Baht to cover their travel expenses in the country. Announced by Finance Minister Pichai Chunhavajira, the 18-month pilot project aims to boost tourism, which has seen a major slump in recent years
Thailand Launches Crypto-to-Baht Pilot to Revive Tourism - The Leaders Globe Media
Thailand has announced an 18-month pilot program that will allow foreign visitors to convert cryptocurrencies into baht for local spending, part of broader efforts to reinvigorate its struggling tourism industry. Officials revealed the plan on Monday, emphasising both its economic potential and regulatory safeguards.The pilot will cap conversions at 550,000 baht (around $16,950) per visitor to mitigate risks such as money laundering. Finance Min…
Thailand Targets Tourists with Crypto to Baht Exchange Initiative | Fintech InShorts: Latest fintech news, analysis by experts
Unlocking New Opportunities: How Thailand Aims to Attract Crypto Enthusiasts and Boost Tourism Highlights: Thailand’s new initiative allows tourists to exchange cryptocurrencies directly for Thai Baht. The program aims to bolster the tourism sector by attracting crypto-savvy travelers. Authorities are optimistic that facilitating crypto transactions will enhance the overall visitor experience. Thailand is implementing a groundbreaking program t…
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