Thailand to launch cryptocurrency exchange program to facilitate payments for foreign tourists

According to Odaily Planet Daily, Thailand will launch the "TouristDigiPay" program next Monday, allowing foreign tourists to exchange cryptocurrencies for Thai baht for spending, aiming to boost tourism. The program will be announced at a press conference chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira and attended by officials from the Ministry of Finance, the Securities and Exchange Commission, the Anti-Money Laundering Office, and the Ministry of Tourism and Sports. Previously, the Securities and Exchange Commission of Thailand had sought public feedback on proposals to use digital assets to promote economic and tourism development; the feedback period ended on August 13. (Crowdfund Insider)