By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

BTCRepublic: Timely News & Analysis for Smarter Trading.

  • ABOUT
  • DISCLAIMER
  • CONTACT
New Logo Black BTCRepublic BTCRebpublic-New White Logo
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
    Price PredictionsShow More
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    October 14, 2025
    Ethereum Price Prediction 2024, 2025
    Ethereum Price Prediction 2024, 2025: What to Expect for ETH by 2030
    October 18, 2025
    Bitcoin Price Rises To $78k
    Bitcoin Hits $65K as China Unveils Stimulus (September 2024)
    October 16, 2025
    Ethereum (ETH) Surged 15%
    Ethereum (ETH) Surged 15% In 7 Days Despite Whale Selloff
    October 14, 2025
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
    October 14, 2025
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Thailand Introduces Crypto Payments For Tourists
Share
  • bitcoinBitcoin(BTC)$113,904.38
  • ethereumEthereum(ETH)$4,090.86
  • tetherTether(USDT)$1.00
  • rippleXRP(XRP)$2.64
  • binancecoinBNB(BNB)$1,130.25
  • solanaSolana(SOL)$199.91
  • usd-coinUSDC(USDC)$1.00
  • staked-etherLido Staked Ether(STETH)$4,090.79
  • dogecoinDogecoin(DOGE)$0.199329
  • tronTRON(TRX)$0.298961
Font ResizerAa
BTCRepublicBTCRepublic
  • Guides
  • News
  • Reviews
  • Price Predictions
Search
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
Follow US
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
© 2025 All Rights Reserved by BTCRepublic.

Home - News - Thailand Introduces Crypto Payments For Tourists

News

Thailand Introduces Crypto Payments For Tourists

Oladapo Timothy
Last updated: October 14, 2025 8:26 am
Oladapo Timothy
Published: October 14, 2025
Share
Thailand Introduces Crypto Payments For Tourists
SHARE

Thailand will launch an 18-month pilot programme to allow foreign visitors to convert cryptocurrencies into baht to make payments locally, officials said on Monday, part of efforts to rejuvenate the country’s critical tourist sector.

Conversions will be capped at 550,000 baht ($16,949.15) to test the system and prevent money laundering, Finance Ministry permanent secretary Lavaron Sangsnit told reporters, adding that the limit could be reassessed after the pilot period is over.

btcrepublic advertise

Thailand To Launch Crypto-to-Baht Conversion For Foreign Tourists

Thailand is launching a new pilot project that allows foreign tourists to convert cryptocurrencies into Thai baht. The measure is part of a strategy to revive the tourism sector after pandemic-related slumps.

Outline
  • Thailand To Launch Crypto-to-Baht Conversion For Foreign Tourists
  • Official reasons and framework conditions
  • Assessment of the measure

The government is introducing an 18-month pilot project called TouristDigiPay, which enables tourists to exchange cryptocurrencies into baht via licensed platforms.

The conversion is capped at a maximum of 550’000 baht (around CHF 13’600) per person to prevent money laundering. Visitors can then spend the converted baht through regulated e-wallets and QR code payments in shops – direct payment with crypto will not be possible in the first stage.

Official reasons and framework conditions

Finance Minister Pichai Chunhavajira explained that the initiative aims to encourage tourists to spend money more quickly and to strengthen the struggling tourism sector.

The involvement of the Finance Ministry, the SEC, the Anti-Money Laundering Office, and the Tourism Ministry highlights the importance of the initiative as a public sandbox. The projected number of tourists for 2025 has already been cut by 10% to 33 million – a clear signal of how urgently innovation in the payments sector is needed.

btcrepublic advertise 2

With TouristDigiPay, Thailand is creating an interface between crypto and the real economy. The per-tourist cap is intended to help minimize risks, while tech-savvy visitors gain an easy way to spend money.

In regions facing a decline in traditional visitor flows, such as from China, the country is opening up a new target group: crypto-travelers. If nationwide implementation succeeds, Thailand could secure a long-term role as a technological frontrunner in the Asia-Pacific region.

Assessment of the measure

Another crucial aspect is the signal it sends to other countries in the region. While many Southeast Asian nations are still experimenting with restrictive regulations, Thailand is demonstrating that controlled integration of crypto payments into everyday life is possible.

If the pilot projects prove successful, this could put pressure on neighboring countries like Malaysia, Vietnam, or Indonesia to adopt similar solutions to remain competitive in international tourism.

In addition, the program could also benefit the domestic economy. By directly converting cryptocurrencies into baht, additional foreign currency flows into the financial system more quickly and efficiently, strengthening banks, payment service providers, and local merchants.

Especially in tourist hotspots such as Bangkok, Phuket, or Chiang Mai, this could lead to smoother payment processes and further enhance Thailand’s attractiveness as a travel destination.

Samsung Next Partners With Startale Labs to Push Web3 Adoption
SEC Admits: US Lags 10 Years on Crypto Rules
How To Buy Crypto With Prepaid Card – Start Your Crypto Journey 2025
Crypto Influencers Raking in $60K Per Post, With Almost No Disclosure
Japan’s Metaplanet Acquires An Additional $1.2M Worth of Bitcoin
TAGGED:CryptoThailandTourists

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
Subscription Form
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Print
Avatar for Oladapo Timothy
ByOladapo Timothy
Follow:
An expert, trader and writer with extensive experience of digital assets, covering everything related to the burgeoning crypto industry — from price analysis to Blockchain disruption. I have authored more than 2,000 stories for crypto and fintech media outlets. I am particularly interested in regulatory trends around the globe that are shaping the future of digital assets.
Previous Article Bank Of America Eyes Entry Into Stablecoin Market Bank Of America Eyes Entry Into Stablecoin Market
Next Article European Union Explores Ethereum (ETH), Solana (SOL) For Digital Euro Launch European Union Explores Ethereum (ETH), Solana (SOL) For Digital Euro Launch
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
Subscription Form
Binance and Israeli Forces Allegedly Seize Palestine Crypto
Binance and Israeli Forces Allegedly Seize Palestine Crypto
News
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
Price Predictions
How To Buy Ripple (XRP) - A Step-by-Step Guide For Beginners
How To Buy Ripple (XRP) 2024 – A Clean Guide For Beginners
Altcoins
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
News

Follow Us on Socials

BTCRepublic use social media to react to hot news, update supporters and share authentic and factful information

Facebook Twitter Linkedin Telegram Pinterest
New Logo Black BR


BTCRepublic is the go-to source for comprehensive news coverage on blockchain technology, cryptocurrencies, non-fungible tokens, and Web3 gaming. Our content ranges from market trends to in-depth price analysis, fresh developments, interviews, and beginner guides.

Subscribe to our newsletter

Stay ahead of the curve with the BTCRepublic newsletter. By subscribing, you will get information about what is happening in the Web3 world straight to your inbox.

Subscription Form (#3)

More

  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Thailand Introduces Crypto Payments For Tourists
Share
© 2025 All Rights Reserved by BTCRepublic