The Thai government will allow tourists to exchange crypto for Thai baht and make electronic payments through e-money service providers.
Update (Aug. 18, 8:12 am UTC): This article has been updated to include an official statement from the Thai SEC.
Thailand is preparing to launch a regulatory sandbox that will allow foreign tourists to convert cryptocurrencies into Thai baht for spending in the country, its securities regulator said.
The “TouristDigiPay” project will run for 18 months beginning in the fourth quarter of 2025, according to an Aug. 18 announcement from the Securities and Exchange Commission (SEC) sent to Cointelegraph. The initiative is being co-developed with the Ministry of Finance, the Anti-Money Laundering Office (AMLO) and the Ministry of Tourism and Sports.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments