Bhutan Launches World’s First Crypto Tourism Payment System

Bhutan is pioneering a new era in travel by launching the world’s first national-level cryptocurrency payment system. This innovative initiative, a collaboration between the Royal Government of Bhutan, Binance Pay, and DK Bank, empowers travelers to seamlessly utilize digital currencies like Bitcoin, Ethereum, and Binance Coin for nearly all aspects of their trip. Dubbed “One Wallet, One Journey,” this system promises a cashless experience from booking flights and accommodations to exploring local crafts and indulging in street food. 100% of local merchants across Bhutan are embracing the system, allowing visitors to enjoy a smooth and efficient travel experience. Transactions are facilitated via QR codes, providing travelers with instant payment capabilities. This system supports over 100 cryptocurrencies and offers secure transactions powered by real-time confirmations, two-factor authentication, and end-to-end encryption, all without incurring traditional credit card fees or bank transfer charges.