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ARTICLE · 25 AUGUST 2025

Thailand Launches Initiative Supporting Digital Asset Use In Tourism

Tilleke & Gibbins
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On August 18, 2025, Thailand's Securities and Exchange Commission (SEC), in collaboration with the Ministry of Finance, the Anti-Money Laundering Office, and the Ministry of Tourism and Sports...

ThailandTechnology
Athistha (Nop) Chitranukroh
Athistha (Nop) Chitranukroh
Pornpan Wichawut
Pornpan Wichawut
Rujaporn Paritsantik
Rujaporn Paritsantik
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On August 18, 2025, Thailand's Securities and Exchange Commission (SEC), in collaboration with the Ministry of Finance, the Anti-Money Laundering Office, and the Ministry of Tourism and Sports, announced the launch of TouristDigiPay. The initiative, implemented under the SEC's Regulatory Sandbox, allows foreign tourists to convert digital assets into Thai baht for use in everyday transactions in Thailand.

Foreign tourists who opt to participate in TouristDigiPay must open two accounts once they are in Thailand:

  • An account with a licensed digital asset operator to sell or exchange digital assets for Thai baht; and
  • A tourist wallet account with a licensed e-money operator regulated by the Bank of Thailand.

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