Post #3647

🇹🇭Thailand Opens Doors to Cryptocurrency for Tourists Starting August 18 The new TouristDigiPay program in Thailand allows visitors to exchange cryptocurrency for Thai baht starting today. This initiative will run for the next 18 months under regulatory supervision. Foreign nationals can convert crypto into baht through licensed operators and pay for goods and services via electronic payment services. Direct crypto payments are not part of the program. It's important to note that this project isn't about promoting digital assets or permitting their use for payments within Thailand. The "sandbox" is launched purely due to tourist interest. Nonetheless, all participating TouristDigiPay services must adhere to anti-money laundering regulations, and users will need to undergo verification. #thailand#crypto#btc