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Thailand to allow crypto spending for tourists, eyes regulatory reform


Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets.The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment...

Thailand to allow crypto spending for tourists, eyes regulatory reform


Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets.The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment...

Thailand to allow crypto spending for tourists, eyes regulatory reform


Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets.The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment...

Jeju Island Goes Meta: NFTs to Lure Gen Z Tourists


Jeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing province, Jeju Island, has announced plans to issue...

China and Singapore Team Up to Allow Tourists to Spend Digital Yuan


Singapore and China have teamed up on a pilot to allow tourists in both countries to spend China’s central bank digital currency, the digital yuan. “This will enhance convenience for travelers when making purchases during their overseas travel,” Singapore’s central bank...

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq


Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims and health tourists crossing the border each year....

Bali Government Cracks Down on Crypto Payments by Foreign Tourists


The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...

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