Thailand is considering a pilot project for the use of bitcoin in Phuket, proposed by former Prime Minister Thaksin Shinawatra, as a tourist sandbox. 🇹🇭

The CEO of Binance Thailand supports the initiative, seeing it as an opportunity for the country to attract tech-oriented tourists. However, despite efforts, crypto payments remain illegal due to the position of the central bank. 🤔

Regulators need to address many issues before the project becomes a reality.