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Thailand Allows Crypto Spending for Tourists via Credit Card

  • Thailand is planning to allow tourists to spend crypto through credit card platforms while merchants receive payment in Thai baht, as part of a broader financial modernization effort.
  • The initiative aims to streamline the process by enabling tourists to use crypto without affecting the local currency.
  • This move is currently under review by the Ministry of Finance and the Bank of Thailand to align the capital and digital asset markets with financial regulations.
  • The plan is to make Thailand a crypto-friendly destination without causing disruptions to the local economy, potentially setting a trend for other countries across Asia.

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