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Thailand Rolls Out Crypto-to-Baht Payment Pilot to Boost Spending by Tourists
Thailand has launched a program that allows foreign visitors to convert crypto into baht for everyday electronic payments. The Nation reports that the initiative, called TouristDigiPay, is part of broader efforts to revive tourism following a slowdown in arrivals, particularly from China. Deputy Prime Minister and Finance Minister Pichai Chunhavajira will present the details alongside officials from the Finance Ministry, the Securities and Exchange Commission, the Anti-Money Laundering Office, the Bank of Thailand, and the Ministry of Tourism and Sports. The program will operate in a regulatory sandbox to ensure ... (full story)
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