‍Thailand Launches Crypto Sandbox for Tourists

Thailand has introduced TouristDigiPay, a regulatory sandbox allowing foreign visitors to convert cryptocurrencies into Thai baht for electronic payments. This initiative aims to revitalize the nation's tourism sector, which has seen a decline in foreign visitors.

The scheme requires KYC due diligence and accounts with regulated entities. Safeguards include monthly spending limits and a ban on direct cash withdrawals. This move positions Thailand as a leader in integrating digital assets into tourism.

https://cryptovka.ru/en/news/3833/thailand-unleashes-crypto-payment-sandbox-to-revitalize-tourism