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Thailand wants tourists to spend crypto through linked credit cards
Thailand is planning to allow tourists to use crypto for payments through linked credit cards, while reforming the legal framework for digital assets to attract investment and stimulate tourism after a decline in visitor numbers, especially from China.
Allowing crypto payments, sellers still receive fiat currency
According to The Nation, the Thai Ministry of Finance is collaborating with the Central Bank (BOT) to test a crypto payment system through credit cards, in which:
Allowing crypto payments, sellers still receive fiat currency
According to The Nation, the Thai Ministry of Finance is collaborating with the Central Bank (BOT) to test a crypto payment system through credit cards, in which:
🇹🇭 BREAKING NEWS: THAILAND LAUNCHES CRYPTO-FRIENDLY PROJECT FOR TOURISTS IN PHUKET! 🌴💳
Thailand's Deputy Prime Minister and Finance Minister have unveiled an innovative project aimed at making it easier for tourists to use Bitcoin and cryptocurrencies in Phuket! This bold initiative is set to enhance the island’s appeal as a global tourist hotspot by embracing crypto-friendly policies.
The project underscores Thailand's progressive stance on digital currencies, paving the way for seamless and modern payment solutions for travelers. 🌐✨
#Thailand #Phuket #Bitcoin #CryptoTourism #BreakingNews
Thailand's Deputy Prime Minister and Finance Minister have unveiled an innovative project aimed at making it easier for tourists to use Bitcoin and cryptocurrencies in Phuket! This bold initiative is set to enhance the island’s appeal as a global tourist hotspot by embracing crypto-friendly policies.
The project underscores Thailand's progressive stance on digital currencies, paving the way for seamless and modern payment solutions for travelers. 🌐✨
#Thailand #Phuket #Bitcoin #CryptoTourism #BreakingNews
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💡 Bitcoin in Phuket? Reality or a Dream?
Binance supports the ambitious proposal of former Thai Prime Minister Thaksin to introduce Bitcoin payments. 🌐 However, the company strongly recommends that the Bank of Thailand carefully analyze the possible risks, because cryptocurrencies are not only freedom, but also great responsibility. ⚖️
The idea of using Bitcoin on the popular resort island of Phuket sounds like science fiction, but it has the potential to become a reality. 🏝️ Imagine: tourists from all over the world pay for hotels, excursions, and dinners in restaurants through a crypto wallet. This can take the region's economy to a new level! 🚀
But it's not that simple. Cryptocurrency volatility, security issues, and the need for clear regulation remain big challenges. 🛑 Binance offers to test the system in a "sandbox" - a limited and safe mode. This will help identify weaknesses without risks to the economy.
Do you think Thailand will become a crypto paradise or will everything remain at the level of ideas? Share your opinion in the comments! 💬
#Bitcoin #Thailand #Phuket #CryptoNews #Innovation
Binance supports the ambitious proposal of former Thai Prime Minister Thaksin to introduce Bitcoin payments. 🌐 However, the company strongly recommends that the Bank of Thailand carefully analyze the possible risks, because cryptocurrencies are not only freedom, but also great responsibility. ⚖️
The idea of using Bitcoin on the popular resort island of Phuket sounds like science fiction, but it has the potential to become a reality. 🏝️ Imagine: tourists from all over the world pay for hotels, excursions, and dinners in restaurants through a crypto wallet. This can take the region's economy to a new level! 🚀
But it's not that simple. Cryptocurrency volatility, security issues, and the need for clear regulation remain big challenges. 🛑 Binance offers to test the system in a "sandbox" - a limited and safe mode. This will help identify weaknesses without risks to the economy.
Do you think Thailand will become a crypto paradise or will everything remain at the level of ideas? Share your opinion in the comments! 💬
#Bitcoin #Thailand #Phuket #CryptoNews #Innovation
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