Thailand Eyes Bitcoin Pilot with a Focus on Country’s Tourism Sector

Quick Summary:

Thaksin Shinawatra, Thailand’s former prime minister, suggested a Bitcoin pilot project in Phuket as a test field for the cryptocurrency with an eye on the tourist industry.

He went on to say that because Thailand’s economy is heavily dependent on tourists and foreign investment.

Whilst payment systems are within the purview of the central bank.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab EmiratesJapanSouth KoreaThailand

Topics: Bitcoin Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 22:35:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24667997

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 28 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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