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Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists

  • Thailand plans to allow international tourists to spend cryptocurrencies through credit card-linked payment systems to modernize its economic system.
  • Tourists will connect their cryptocurrencies to credit cards for local transactions, while merchants will receive payments in Thai baht.
  • The initiative aims to attract tech-savvy visitors and position Thailand as a digitally inclusive economy, pending regulatory approvals.
  • Thailand is also reforming financial regulations to unify traditional markets and digital assets, while considering modernizing restrictions on institutional investors.

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