Thailand launches cryptocurrency tourism sandbox program to promote the popularization of digital assets

btccSquare News Report: The Thai Securities and Exchange Commission (SEC) and the central bank have jointly launched a national-level cryptocurrency sandbox plan targeting foreign tourists. The plan allows tourists to exchange digital assets for Thai baht for tourism consumption, but direct payment using cryptocurrency remains prohibited. Licensed digital asset operators will assist with currency exchange, and all transactions must be conducted through regulated electronic payment platforms. This 18-month sandbox plan aims to enhance Thailand's tourism competitiveness while promoting the widespread application of digital assets. Regulatory authorities emphasize strict compliance requirements: only approved operators can participate, and exchanges are limited to designated channels. This move demonstrates Thailand's forward-looking stance on integrating cryptocurrency and tourism economy.