The Deputy Prime Minister and Minister of Finance of Thailand – Mr. Pichai Chunhavajira – recently announced at an investment seminar held in Bangkok that the government is planning to allow tourists to use cryptocurrencies for spending when visiting Thailand. The plan is currently under review by the Ministry of Finance and the Bank of Thailand.
Specifically, international travelers will be able to link their cryptocurrency assets to credit cards through a platform that supports spending with cryptocurrencies. When making payments, sellers in Thailand will still receive payments in baht as usual and will typically not know that the transaction is conducted via cryptocurrency. This helps create a seamless, friendly payment experience for both tourists and local businesses.
At the same time, Thailand is also striving to build a unified legal framework between the traditional capital market and the digital asset sector. One of the prominent initiatives is the 'G-Tokens' program – a blockchain-based project aimed at allowing retail investors to access and purchase small units of government bonds.
This move is seen as an important step in Thailand's strategy to digitize its economy while increasing its appeal to international tourists and investors interested in digital assets. If successfully implemented, Thailand could become one of the leading countries in the Southeast Asian region in integrating cryptocurrencies into the tourism and financial ecosystems.#ThailandCrypto #BinancePizzaVN $BTC
