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Thailand is launching a new initiative called TouristDigiPay, allowing tourists to convert cryptocurrencies into Thai baht for electronic payments. The program aims to boost tourism by integrating crypto into everyday transactions.
- TouristDigiPay allows crypto-to-fiat conversions for tourists in Thailand.
- Only regulated e-money providers and digital asset businesses can participate.
- The initiative requires KYC checks and aims to boost tourism through crypto adoption.
📎 Related coverage from: cointelegraph.com