Binance supports Thailand’s Bitcoin payments pilot proposal
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2024-12-26 08:32 7,190
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Golden Finance reports that Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra that would be tested in Phuket as a tourism-focused sandbox.
The proposal has the support of Binance Thailand’s CEO, who sees it as a positive step for the country’s competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political backers to turn Thailand into a digital hub, the Bank of Thailand still bans crypto payments.