Articles for tag: Bitcoin, digital currencies, Economy, peer-to-peer payments, Phuket, Thailand, Tourism

Market News

Thailand Pilots Digital Currencies as Electronic Cash in Phuket: A New Era for Cashless Transactions in Tourism

Thailand is launching a pilot program in Phuket that allows foreign tourists to use digital currencies, including Bitcoin, for everyday purchases and major transactions like buying houses. Announced by Prime Minister Pichai Chunhavajira, the initiative aims to simplify payments for large purchases, particularly for individuals who have relocated due to the Russia-Ukraine conflict. Tourists can ...

Market News

Thailand Pilots Digital Currencies as Electronic Cash in Phuket: A New Era for Cashless Transactions in Tourism

In January, Thailand’s Prime Minister announced a pilot program allowing foreign tourists in Phuket to use digital currencies, like Bitcoin, for payments. This initiative aims to simplify large purchases, such as homes, and support the local economy. Tourists, including those from Ukraine, can register with approved exchanges to buy properties using digital currency. The program ...

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