PANews August 17 news, according to Crowdfund Insider, Thailand will launch the TouristDigiPay program next Monday, allowing foreign tourists to exchange cryptocurrency for Thai baht for payments to revitalize the tourism industry. Under the program, foreign tourists must open accounts at digital asset companies and electronic money providers regulated by the U.S. Securities and Exchange Commission (SEC) and the Bank of Thailand. The program operates within a regulatory sandbox to ensure oversight and prevent the direct use of digital assets as a payment method. Only foreign tourists temporarily staying in Thailand can use this service. Participants must complete 'KYC' and customer due diligence according to the standards of the Anti-Money Laundering Office.