๐ด Thailand Bets on #Crypto to Woo Tourists! ๐๐ธ
Thailand has just rolled out TouristDigiPay, a first-of-its-kind crypto payment sandbox for international visitors. ๐ This new program lets tourists convert their cryptocurrencies into Thai Baht for smooth electronic payments across the country.
๐ณ How it works:
Tourists can swap crypto for baht using regulated e-money providers.
Strict KYC checks โ and spending limits ๐ซ ensure compliance.
No direct cash withdrawals allowed โ only digital payments.
Overseen by the Bank of Thailand and the Securities & Exchange Commission.
๐ Why now?
Thailandโs tourism industry is struggling. The country welcomed 16.8M visitors in H1 2025, down from 17.7M last year. East Asian tourist arrivals dropped 24%, while Chinese visitors fell 34% ๐ฌ. With Japan offering better exchange rates and Vietnam attracting budget travelers, Thailand needs bold innovation.
๐ Global trend check:
Bhutan accepts crypto payments via Binance Pay.
Blue Origin takes Bitcoin for space trips ๐๐.
UAE airlines partner with Crypto.com for flight bookings.
By embracing crypto-tourism, Thailand hopes to revive its tourism sector, attract new-age travelers, and set itself apart in the region. ๐๏ธ๐ก
๐ Would you use crypto to pay for your next Thailand trip? ๐น๐ญ๐ตโจ
