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.