Thailand emerges as a crypto-friendly powerhouse, setting trends in global adoption. Explore how this major Southeast Asian destination is revolutionizing cryptocurrency payments.
Mis à jour le 01/09/2025 à 19:36
Thailand takes a giant leap towards integrating cryptocurrencies in the tourism sector. This refers to the launch of a pilot program allowing foreign visitors to use digital currencies for purchases in Phuket.
Announced by Deputy Prime Minister Pichai Chunhavajira, this initiative aims to facilitate and expedite digital payments for tourists. Moreover, it aims to enhance Thailand’s competitiveness in the global tourism market.
Operating within the country’s existing legal regulations, the crypto project includes identity verification through:
During a seminar organized by the Thailand Marketing Association, Pichai emphasized the program’s compliance with regulations. He noted that no legal amendments are needed, leveraging the growing global adoption and value of crypto assets.
This pilot project reflects Thailand’s efforts to attract crypto-savvy travelers. Phuket, in particular, has become a hub for foreign nationals, including those affected by the Russia-Ukraine conflict.
According to Pichai, using Bitcoin for transactions like real estate purchases could streamline processes for these individuals.
Furthermore, the crypto exchange Binance is starting to focus on Thailand as a key market in its global expansion efforts. The country’s regulatory openness is a crucial factor in Binance’s mission to democratize cryptocurrencies.
Despite the growing appeal of digital currencies, security concerns remain a priority. For instance, this week, the Thai police launched an investigation following a violent assault and armed robbery in Phuket, reportedly linked to a dispute involving crypto assets.
Thailand already has a small but active crypto community. In Huay Phueng district, Kalasin, a Bitcoin city has emerged with over 80 residents accepting Satoshi payments via the Bitcoin Lightning application.
By spearheading crypto payments for tourists, Thailand positions itself as a global leader in digital currency integration. This ambitious initiative could inspire other tourist destinations to follow suit, making cryptocurrencies an essential part of the future travel experience.
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Web editor for many years and SEO specialist, Thomas became an editor for InvestX when the site was launched. Passionate about the field of crypto and Web3, Thomas has made it his mission to deliver maximum value and introduce readers to the world of blockchains, considered for him as the world of tomorrow.
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