BHUTAN JOINS THE CRYPTO REVOLUTION! ✈️ LAUNCHES TOURISM PAYMENTS WITH BINANCE PAY AND DK BANK! 💰
BHUTAN, known for its INVESTMENTS in $BTC , takes a GIANT STEP towards CRYPTO ADOPTION! 🤩 In PARTNERSHIP with BINANCE PAY and DK BANK, it LAUNCHES a CRYPTO PAYMENT SYSTEM for TOURISM! 🌍
This INITIATIVE ALLOWS TRAVELERS in Bhutan to PAY for services like TICKETS, HOTELS, and TOUR GUIDES with at least 100 DIFFERENT CRYPTOASSETS, including BTC, $USDC DC, and $BNB ! 🤯 It also OPENS a PAYMENT GATEWAY for LOCAL BUSINESSES, enabling them to ACCEPT CRYPTO through QR CODES! 📱
The DIRECTOR of TOURISM in BHUTAN highlights that this is more than a PAYMENT SOLUTION, it is a COMMITMENT to INNOVATION and CONVENIENCE! 👍 The PARTNERSHIP particularly FOCUSES on SMALL RURAL BUSINESSES that previously had NO ACCESS to DIGITAL PAYMENTS! 🧑🌾
BINANCE emphasizes that TOURISTS will be able to PAY WITHOUT THE NEED for LOCAL CURRENCY or CASH! 😲 They call it the "FIRST CRYPTO PAYMENT SYSTEM for TOURISM at a NATIONAL LEVEL in the WORLD"! 🥇
BINANCE CEO Richard Teng UNDERLINES that this system ADVANCES CRYPTO PAYMENTS in TRAVEL and sets a PRECEDENT for the UNION of CULTURES and ECONOMIES through TECHNOLOGY! 🤝
This LAUNCH ALIGNS with the WIDER ADOPTION of CRYPTOASSETS by BHUTAN! 🇧🇹 The country has been WORKING on a STRATEGIC CRYPTO RESERVE and, reportedly, has been MINING and INVESTING in BITCOIN since at least 2019! ⛏️ Its investment arm, DHI, has ADDED 374 BITCOIN to its RESERVE since the beginning of the year, reaching 12,062 #BTC ! 🐳
Despite this GROWING ADOPTION, the REGULATION of CRYPTOCURRENCIES in Bhutan REMAINS a GRAY LEGAL AREA! 🌫️ The CENTRAL BANK issued a WARNING against the cryptocurrency PI in 2020, URGING CAUTION! ⚠️
What do you think of Bhutan's bold adoption of crypto payments for tourism? Do you think other countries will follow their example?
