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🇧🇹 Bhutan becomes the world’s first country to fully accept Bitcoin and cryptocurrency for all tourism payments—flights, hotels, visas & local shopping.
Bhutan's adoption of Bitcoin and cryptocurrency for all tourism-related transactions, including flights, hotels, visas, and local shopping, marks a significant milestone in global cryptocurrency adoption, potentially influencing other nations to follow suit and impacting the broader crypto market.
This move is part of Bhutan's strategy to leverage its substantial Bitcoin holdings, acquired through mining operations, to boost its tourism sector, which is a major revenue source, thereby enhancing economic inclusivity and attracting tech-savvy travelers.
The integration of Binance Pay and DK Bank in this system highlights a growing collaboration between traditional financial institutions and cryptocurrency platforms, suggesting a trend towards mainstream acceptance and practical application of digital currencies in everyday economic activities.