Thailand will trial cryptocurrency payments in Phuket, allowing foreign tourists to use digital currencies for shopping

2025-01-08 19:09:23

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ChainCatcher news, according to Cryptonews, Thailand's Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced on Wednesday at a seminar of the Thai Marketing Association that Thailand will launch a new cryptocurrency payment project, starting from the popular tourist destination of Phuket. The project will allow foreign tourists to use digital assets for shopping in the tourist city.

Pichai Chunhavajira emphasized that the pilot program will comply with the existing legal framework to ensure that no laws are violated. The pilot in Phuket will allow foreign tourists to register their Bitcoin through Thai exchanges, complete identity verification, and then use cryptocurrency to pay for goods and services.

Previous news reported that a former Thai Prime Minister suggested trialing Bitcoin payments in Phuket.

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