While the sandbox aims to boost tourism competitiveness through digital finance innovation, direct crypto payments are not permitted. Converted baht must be spent through approved e-money providers, enabling transactions like QR code payments.
Despite its innovation-driven intent, the program has sparked some concerns among industry stakeholders.
The Tourism Council of Thailand (TCT), a private-sector organization focused on fostering public-private cooperation, promoting quality standards, and shaping tourism policy in the country, has cautioned against rushing into implementation.
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