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 ...