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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Tourism in Thailand to Utilize Digital Wallet Payments Linked to Traditional Systems

Crypto Tourism in Thailand to Utilize Digital Wallet Payments Linked to Traditional Systems

Author:
Global Cryptocurrency
Published:
2025-05-27 17:09:02
5
1

Thailand is pioneering a crypto tourism initiative that seamlessly integrates digital wallet spending with traditional payment methods. Deputy Prime Minister Pichai Chunhavajira announced a system where merchants receive Thai baht while tourists pay in cryptocurrency, mitigating volatility risks for businesses.

The hybrid model addresses longstanding adoption barriers by bridging crypto and fiat systems. International visitors can now transact in digital assets while local businesses maintain stability through baht settlements.

This development coincides with Thailand’s broader regulatory evolution for digital assets. The credit card-linked infrastructure demonstrates how legacy financial systems can coexist with blockchain-based payments.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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