Bhutan and Binance Pioneer Crypto Tourism Payments in Himalayan Innovation
In a groundbreaking move, Bhutan has partnered with Binance to launch a nationwide cryptocurrency payment system tailored for its tourism sector. This initiative, facilitated by DK Bank, aims to streamline travel-related transactions using digital assets, marking a significant step in state-led crypto adoption.
Bhutan Partners with Binance to Launch Crypto Tourism Payment System
Bhutan, the Himalayan kingdom renowned for its Bitcoin treasury strategy, has forged a partnership with Binance to establish a nationwide cryptocurrency payment infrastructure for tourism. The initiative marks the first state-led crypto payment system designed explicitly to stimulate travel economies.
DK Bank, a local financial institution, will facilitate the integration, enabling visitors to pay for flights, hotels, ground transportation, and retail purchases using digital assets. Binance Pay’s QR code technology—both static and dynamic variants—will power the transactional backbone.
The program targets economic inclusion for rural merchants through streamlined crypto payments, with Binance supporting over 100 cryptocurrencies. This development signals accelerating institutional adoption across South Asia’s emerging markets.
Binance Founder CZ Seeks Presidential Pardon from Trump After Prison Sentence
Changpeng ’CZ’ Zhao, the former CEO of Binance, has confirmed applying for a presidential pardon from Donald Trump following his four-month prison stint. The crypto mogul disclosed the move during an appearance on the Farokh Radio podcast, stating his legal team filed the paperwork two weeks prior.
The application comes after March reports from Bloomberg and the Wall Street Journal suggested Zhao was pursuing clemency amid discussions of a potential business deal between Binance.US and the Trump family. While CZ initially denied these claims, he now acknowledges seeking official forgiveness without elaborating on the Trump organization connection.
Zhao’s fall from crypto royalty to federal inmate marks one of the industry’s most dramatic reversals of fortune. The pardon bid signals an attempt to rehabilitate his standing as Binance continues navigating regulatory challenges across global markets.
