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Crypto Enters Thailand’s Tourism Market With New Payment Service for Foreign Visitors

Crypto Enters Thailand’s Tourism Market With New Payment Service for Foreign Visitors

Summary

  • A new service has been launched in Thailand that allows foreign tourists to convert digital assets into local currency for payments.
  • The service was launched as part of TouristDigiPay, a crypto payment pilot program run by Thailand’s SEC.
  • Wipay projects 200,000 users in the first year and 15 billion baht in crypto payments over 18 months.

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Photo: Shutterstock
Photo: Shutterstock

Thailand may be moving toward broader use of digital…

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