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Thailand launches crypto exchange platform for tourists
• Thailand will launch "TouristDigiPay" on August 18, 2025, a nationwide initiative that expands a successful pilot program in Phuket
• Foreign tourists will convert cryptocurrencies (BTC, ETH) to Thai Baht through authorized platforms
• Converted funds can be used through regulated electronic money providers to make payments via QR codes in commercial establishments
• Tourism recovery strategy to attract technologically advanced international travelers
• The government aims to increase tourist spending through frictionless digital transactions
• The regulatory framework balances innovation with consumer protection
• The success of the previous pilot program demonstrated market viability and interest