Thailand launches a pilot program in Phuket allowing tourists to use Bitcoin to pay for goods and services with mandatory identification and conversion to Thai baht 🌴

Thailand launches a pilot program in Phuket that will allow tourists to use Bitcoin to pay for goods and services. Foreign guests will be able to register on cryptocurrency exchanges, undergo the identification process, and pay for purchases using cryptocurrency. All transactions will be automatically converted into Thai baht. This initiative aims to simplify digital payments and attract foreign tourists. Additionally, it may help refugees use Bitcoin to purchase real estate, bypassing the difficulties with currency exchange.