Bhutan Pioneers Crypto Tourism with Binance Pay
Bhutan has launched the world's first national-level crypto tourism payment system, a groundbreaking partnership with Binance Pay and DK Bank. This initiative allows travelers to pay for virtually all aspects of their journey, from flights and hotels to visa fees, using cryptocurrency.
Tourists can conveniently make payments at over 100 merchants nationwide by scanning QR codes with the Binance app. The system accepts over 100 cryptocurrencies, including BTC, BNB, and USDC. DK Bank, Bhutan's first fully digital bank, ensures instant settlement in Bhutan's local currency, creating a seamless experience for both merchants and tourists.
This system isn't just about convenience; it also provides digital access to remote communities. Small businesses in villages without traditional card payment infrastructure can now easily accept crypto payments with just a phone.
Damcho Rinzin, Director at the Department of Tourism, hailed this partnership as a "commitment to innovation, inclusion, and convenience," highlighting its ability to eliminate cross-border payment friction with zero gas fees. Binance CEO Richard Teng emphasized that this collaboration sets a global precedent for how crypto can enhance travel experiences.
This integrated system, powered by Binance Pay and DK Bank, is already positively impacting Bhutan's national tourism sector, showcasing how crypto can connect cultures and economies.
