Thailand to Allow Tourists to Spend Crypto in Transactions

Thailand is exploring a groundbreaking initiative to enable tourists to use cryptocurrencies for purchases during their visits, aiming to improve the ease and efficiency of transactions. The Thai government, driven by an ambitious approach to digital asset integration, plans to integrate crypto payments seamlessly into the existing payment infrastructure through credit card-linked platforms. This novel system would allow tourists to easily link their cryptocurrency holdings to their credit cards, enabling them to make purchases directly using cryptocurrencies while merchants receive payment in Thai Baht as usual. ]