Thailand is set to launch a crypto payment pilot program in Phuket, according to reports from Thai media on Wednesday.
Finance Minister Pichai Chunhavajira announced the initiative at a Marketing Association of Thailand seminar, emphasizing the program would operate within existing legal frameworks and wouldn’t require new legislation.
“We won’t do anything that is illegal,” Chunhavajira was quoted as saying, according to a report from The Nation Thailand.
The development signals how the country’s approach to digital assets is changing as it seeks to maintain its competitive edge in global finance and tourism.
Chunhavajira reportedly highlighted how recent geopolitical conflicts have disrupted global economies, noting that for individuals…
Jan 09 2025
