Thailand is preparing to allow tourists to spend in cryptocurrencies through credit card-linked platforms, Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at an investment seminar in Bangkok. The plan is currently under review by the Ministry of Finance and the Bank of Thailand.
Under the scheme, tourists can link their cryptocurrency holdings to their credit cards for local consumption, and merchants will receive Thai baht as usual, often without knowing that the transaction involves cryptocurrency. In addition, Thailand also plans to unify the legal framework in the traditional capital markets and digital assets space, and will launch a blockchain-based "G-Tokens" scheme that allows retail investors to buy some units of government bonds.
Thailand plans to allow tourists to spend cryptocurrencies
2025-05-27 07:33:29
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