Thailand Launches National Crypto Sandbox
Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand have introduced a new nationwide cryptocurrency sandbox program aimed at foreign tourists.
The initiative will allow visitors to convert their digital assets into baht for spending across the country, marking a major step in merging tourism with digital finance.
The public hearing on the proposed digital asset sandbox highlights Thailand’s commitment to driving crypto adoption, boosting innovation, and supporting its broader economy. Tourists will be able to exchange cryptocurrencies via licensed digital asset platforms and use the converted funds through regulated e-money service providers for goods and services nationwide.
“This crypto…