Thailand's AMLO, SEC, and Finance Ministry are jointly launching an 18-month 'TouristDigiPay' pilot program allowing foreign tourists to convert cryptocurrencies to Thai baht for electronic payments. The program operates in a regulatory sandbox with mandatory KYC checks, spending limits, and no cash withdrawals to balance financial innovation with AML safeguards. This represents Thailand's regulatory approach to integrating digital assets into tourism while enforcing financial crime prevention measures.
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