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.