According to ChainCatcher, Thailand's Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced that Thailand will launch a new cryptocurrency payment project, starting with Phuket. The project allows foreign tourists to use digital assets to shop in tourist cities. The pilot program will comply with the existing legal framework to ensure that it does not violate the law.
The Phuket pilot will allow tourists to register for Bitcoin through a Thai exchange and use the cryptocurrency to pay for goods and services after completing identity verification.