Bhutan Embraces Crypto Payments to Attract Modern Tourists

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The Kingdom of Bhutan is integrating cryptocurrency payments into its tourism infrastructure in a bid to modernize its economy and attract younger, tech-savvy travelers.

In a panel discussion during Binance’s Crypto-Powered Tour in Bhutan, Damcho Rinzin, the director of Bhutan’s Department of Tourism, told the audience that the country’s tourism sector has long struggled because of the country’s payment infrastructure. 

On May 7, Binance Pay partnered with local bank DK Bank to let users pay for their expenses in Bhutan using crypto. During…



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Bhutan Embraces Crypto Payments to Attract Modern Tourists


The Kingdom of Bhutan is integrating cryptocurrency payments into its tourism infrastructure in a bid to modernize its economy and attract younger, tech-savvy travelers.

In a panel discussion during Binance’s Crypto-Powered Tour in Bhutan, Damcho Rinzin, the director of Bhutan’s Department of Tourism, told the audience that the country’s tourism sector has long struggled because of the country’s payment infrastructure. 

On May 7, Binance Pay partnered with local bank DK Bank to let users pay for their expenses in Bhutan using crypto. During…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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