menu
techminis

A naukri.com initiative

google-web-stories
source image

Fintechnews

1d

read

98

img
dot

Image Credit: Fintechnews

Bhutan Enables Tourists to Pay with Crypto for Everything from Visas to Street Vendors

  • 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.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app