Bhutan introduces the world’s first integrated national crypto payment system for tourism, allowing international visitors to use crypto for various travel-related expenses.
The initiative is a collaboration between Binance Pay, DK Bank, and Bhutan’s Department of Tourism, with DK Bank managing settlement for merchants in local currency.
Travelers with Binance accounts can pay for services like flights, visa fees, hotel bookings, guided tours, and goods from roadside vendors using digital assets, with over 100 merchants already onboarded.
The system supports over 100 cryptocurrencies and offers real-time confirmations with minimal fees, aiming to simplify travel logistics and enhance financial access for local businesses.