Payments can now be made with BinancePay in Bhutan.
This new payment system is primarily designed for international travelers and is created in collaboration with BinancePay and DK Bank, allowing payments for flight tickets, hotel rentals, tour guide services, and other travel services through BinancePay using over 100 types of cryptocurrencies including Bitcoin, USDC, and BNB.
.
This system is especially designed for small businesses and artists in rural areas where access to credit cards is limited, enabling them to easily receive payments through BinancePay when they sell goods and artworks.
Binance and the Bhutan tourism department have stated that this system is the first national-level travel payment system in the world that allows the use of cryptocurrency.
.
However, Bhutan is a country that limits the growth of its tourism industry to preserve its natural beauty and heritage, making it interesting to see how successful such a crypto-based payment system for tourism can be.
.
What could happen next?
One thing to note is that the Bhutanese government has recently shown significant support for cryptocurrency, and there have been historical records of Bitcoin mining since 2019, so there may be sudden surprises in the future. Currently, Bhutan owns up to 13,029 BTC, positioning it as the sixth country with the highest Bitcoin ownership in the world, above El Salvador.
.
What is essential for a trader is a Binance account link that offers a 10% discount. If you do not have an account linked with that link, you should open a new account using this link before starting trading.
https://accounts.binance.com/en/register?ref=SBKZZWWJ
.
Referral Code for Future Trading: myancrypto
Referral Code for Mining Account: E381THBL