Thailand Launches Nationwide Crypto Sandbox For Tourists To Boost Competitiveness

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-07-18 07:07:01

BTCCSquare news:

Thailand's financial regulators are pushing forward with a crypto sandbox initiative designed to attract tech-savvy tourists. The Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT) have unveiled a pilot program allowing foreign visitors to convert digital assets into Thai Baht for seamless spending.

The program leverages licensed digital asset operators and e-money service providers, creating a closed-loop ecosystem for tourist transactions. Regulatory safeguards remain in place to mitigate risks while fostering innovation.

This move signals Thailand's strategic embrace of cryptocurrency infrastructure to revitalize its tourism sector. By bridging crypto assets with traditional payment rails, the initiative could set a precedent for other tourism-dependent economies.

By:

Log in to Reply

Ondo Finance Launches Tokenized Treasury Bills on Sei Network

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.