Powered by ChatGPT

The Thai SEC and central bank plan to launch a "crypto sandbox" to support foreign tourists in converting crypto assets into Thai baht for consumption.

吴说Jul 17, 2025

According to the Bangkok Post, the Securities and Exchange Commission (SEC) of Thailand and the Bank of Thailand are jointly promoting the establishment of a "national-level cryptocurrency sandbox" to support foreign tourists in Thailand in converting digital assets into Thai Baht for consumption. The plan allows tourists holding cryptocurrencies to convert their assets into Thai Baht through licensed digital asset service providers and use them for payment consumption nationwide through regulated e-wallet platforms. The sandbox program is only open to foreign tourists on short-term travel or temporary residence in Thailand, and participants must comply with applicable license requirements. [Wu Blockchain]

All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse
Powered by ChatGPT

The Thai SEC and central bank plan to launch a "crypto sandbox" to support foreign tourists in converting crypto assets into Thai baht for consumption.

吴说Jul 17, 2025

According to the Bangkok Post, the Securities and Exchange Commission (SEC) of Thailand and the Bank of Thailand are jointly promoting the establishment of a "national-level cryptocurrency sandbox" to support foreign tourists in Thailand in converting digital assets into Thai Baht for consumption. The plan allows tourists holding cryptocurrencies to convert their assets into Thai Baht through licensed digital asset service providers and use them for payment consumption nationwide through regulated e-wallet platforms. The sandbox program is only open to foreign tourists on short-term travel or temporary residence in Thailand, and participants must comply with applicable license requirements. [Wu Blockchain]

Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors