Thailand Launches Crypto-to-Baht Program to Boost Tourism
– Thailand launched TouristDigiPay, a crypto-to-baht program to boost tourism amid declining international visitors, especially from China.
– The initiative, announced by Deputy PM Pichai Chunhavajira, allows foreign tourists to convert digital assets for local transactions, supported by multiple government agencies.
– While transaction limits and merchant scope remain undisclosed, the program aims to attract tech-savvy travelers and modernize tourism payments.
– Success depends on merchant adoption, practical transaction limits, and robust digital infrastructure to ensure usability and regulatory compliance.
