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Thailand to Allow Crypto Spending for Tourists via Credit Cards

  • Thailand is preparing to allow tourists to spend cryptocurrency using credit card-linked platforms to modernize the financial system and promote digital asset growth.
  • Finance Minister Pichai Chunhavajira disclosed the plan at an investment conference in Bangkok; Bank of Thailand is assisting in preparing for a pilot project where tourists could link digital tokens to credit cards for use in the country.
  • Thailand is working on new laws to integrate the capital market and digital asset market, allowing smoother investment and trading opportunities with better regulations.
  • Thailand's initiative in crypto tourism and digital finance, including a digital asset sandbox in Phuket, aims to boost the economy, attract more visitors, and position the country as a leader in Southeast Asia for digital progress.

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