🇹🇭 Thailand will allow Bitcoin payments for tourists!
The Thai government, through the SEC and the Bank of Thailand, has officially launched its national “Crypto Sandbox,” allowing tourists to convert their Bitcoin (and other cryptos) to baht 🇹🇭 and use them in shops, hotels, and more 🚀.
🔑 Key points:
• ✅ No longer just in Phuket: available nationwide.
• 🛂 Requires basic KYC/AML (identity verification).
• 💸 Spending limit: ฿50,000 in shops and ฿500,000 in accommodation.
• ⏳ 18-month pilot program with authorized operators.
This move aims to attract crypto tourism and position Thailand as a hub of financial innovation in Southeast Asia 🌏.
Would you like to pay with crypto on your travels? Tell us in the comments 👇 and share this news with your crypto community.
📚 Official source:
https://bitbo.io/news/thailand-crypto-sandbox-tourists/
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