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Bhutan becomes the first country to fully integrate crypto into tourism, partnering with Binance
Bhutan has made history by becoming the first country to fully integrate cryptocurrency payments into its tourism sector. Through a groundbreaking partnership with Binance Pay and DK Bank, Bhutan is offering a seamless, cashless experience for global travelers. This innovative initiative allows international visitors to pay for various travel expenses using over 100 cryptocurrencies, including Bitcoin, BNB, and USDC. The partnership aims to promote financial inclusion, reduce foreign exchange friction, and position Bhutan as a technological leader in sustainable and smart tourism. By embracing digital assets, Bhutan is setting a new standard for the tourism industry and showcasing its commitment to innovation and economic diversification.
The crypto tourism system enables tourists to pay for a wide range of services, including flights, hotel bookings, visa applications, monument entry, and local shopping. The system uses QR code technology for fast and secure transactions, and all crypto payments are instantly converted to Bhutanese Ngultrum (BTN) to ensure stable payouts. Over 100 local merchants, including rural vendors, have adopted the system, promoting financial inclusion and economic growth in Bhutan. This pioneering move sets a global precedent in the blockchain and travel sectors, highlighting Bhutan's forward-thinking approach to digital innovation and sustainable development. As a result, Bhutan is poised to attract a new wave of tech-savvy travelers and solidify its position as a leader in the digital economy.
