Thailand Is Planning to Launch a Crypto Payments Pilot in Phuket: Report

Thailand Is Planning to Launch a Crypto Payments Pilot in Phuket: Report

08 Jan Crypto News

The Nation, an English-language news outlet based in Thailand, reported on Jan. 8 that Thailand’s Deputy Prime Minister and Finance Minister Pichai Chunhavajira unveiled a pilot project to test cryptocurrency as an alternative to cash in Phuket.

According to The Nation, the initiative aims to make it easier for foreign tourists to use digital assets for payments while visiting the popular tourist destination. The publication stated that the pilot would launch this year and is part of the government’s broader strategy to remain competitive in the global tourism market.

…

Tags: