Thailand Launches Groundbreaking Program for Tourists to Spend Crypto Like Local Currency (August 2025)

Why Is Thailand Pushing Crypto Payments for Tourists?

Thailand’s Tourism Authority (TAT) announced this week that travelers can now use Bitcoin, Ethereum, and other major cryptocurrencies at approved exchange kiosks across Bangkok, Phuket, and Chiang Mai. The goal? To attract tech-savvy visitors and reduce friction for international spenders. "In my experience, tourists hate carrying cash or dealing with forex fees," says a BTCC market analyst. "This bridges the gap between crypto and real-world usability."

How Does the Program Work?

Tourists scan a QR code at partner merchants (think street vendors, boutique hotels, and tuk-tuk rides) to convert crypto to baht instantly. The exchange rate pulls from CoinMarketCap’s real-time data, plus a 0.5% service fee—cheaper than most airport currency booths. Limits apply: 50,000 baht/month for small businesses, but no cap at registered resorts or shopping malls.

The Fine Print: What You Need to Know

•: BTC, ETH, USDT, and THB-backed stablecoins.
•: No capital gains tax for spends under 100,000 baht (thanks to a 2024 regulatory tweak).
•: 1,200+ merchants so far, with plans to expand to 5,000 by year-end.

Thailand’s Crypto Tourism Playbook

This isn’t Thailand’s first crypto rodeo. Back in 2023, the country legalized crypto payments for licensed businesses. Now, they’re doubling down. "It’s about staying ahead of Bali and Vietnam," notes a Bloomberg Southeast Asia report. Fun fact: Phuket’s beach clubs already see 12% of transactions in crypto—mostly USDT for sunset cocktails.

Risks? Sure, But Tourists Don’t Care

Volatility? "Most travelers top up small amounts daily," says a Chiang Mai exchange operator. "Nobody’s buying pad thai with their life savings." Scams? The TAT promises verified merchant badges in their app. And if bitcoin crashes mid-som-tam order? That’s why the system auto-converts to baht at point-of-sale.

What’s Next for Crypto Travel?

Industry watchers predict copycat moves from Malaysia and the Philippines. Meanwhile, Thai officials hint at NFT visas for long-stay digital nomads. "Imagine minting a 90-day visa as an ethereum token," grins a Bangkok tech VC. For now, though, the focus is on nailing the basics—like making sure your satang (small change) doesn’t vanish into MetaMask limbo.