💥 Thailand Opens for Crypto Travelers: Introducing Tourist DigiPay! 🇹🇭🪙
Thailand is launching an 18-month pilot program, Tourist DigiPay, allowing international visitors to officially use their digital assets for spending across the country.
Here’s the fast breakdown:
- What it is: A new, regulated system that allows tourists to convert approved Crypto Assets (like Bitcoin/Ethereum) into Thai Baht for spending via an E-Wallet.
- How to Use: Tourists must open a Tourist DigiPay Account and complete KYC verification (Passport & Thai Phone Number) upon arrival. Payments are made instantly via QR code.
- Regulatory Oversight: The system is secure, monitored by the SEC, Bank of Thailand, and AMLO.
- Limits: Spending is capped at 500,000 THB/month at approved merchants and 50,000 THB/month at small vendors. High-risk purchases (like gold) are restricted.
- The Bottom Line: A game-changer for digital nomads and crypto users, offering a regulated, seamless, and cash-free way to explore Thailand!