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A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions. Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors Talks are underway between the Phuket Tourist Association (PTA) and the Bank of Thailand (BOT) to find alternative payment methods, including cryptocurrency, for Russian tourists visiting the country. The effort comes after Visa and Mastercard suspended…
The post Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions appeared first on Technology Manias.
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions was first posted on March 8, 2022 at 10:04 pm.
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