Krutika Adani
New initiative allows visitors to use crypto for local purchases via credit card-linked platforms—seamlessly converted to Thai baht.
Tourists link crypto to credit cards. Vendors are paid in baht, often unaware crypto was used—removing FX barriers, boosting ease.
The Bank of Thailand and Ministry of Finance are reviewing the plan. A pilot will launch after regulatory approval.
Govt. plans to unify laws for traditional and digital markets. Institutional investors may also get access to crypto-friendly options.
With stablecoin trading already approved, Thailand’s crypto-tourism push could fuel innovation and economic growth.