According to the Bangkok Post, Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra, which will be tested in Phuket as a tourism-focused sandbox. The proposal has received support from the CEO of Binance Thailand, who believes it is a positive step for the country's competitiveness and ability to attract tourists. Although industry advocates and some political supporters are working to transform Thailand into a digital hub, the Bank of Thailand still prohibits cryptocurrency payments.