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Nine months into its big push for cryptocurrency payments, Bhutan isn’t finding many takers for its plans.
Last May, Bhutan became the first country to launch a nationwide crypto payment network for tourists. Visitors to the Himalayan kingdom could pay for their visas, flights, hotels, and meals in more than 100 cryptocurrencies via Binance. Within the first month of its launch, over 1,000 merchants signed up to receive payments in crypto.
Almost a year on, though, nothing much has…
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Nine months into its big push for cryptocurrency payments, Bhutan isn’t finding many takers for its plans.
Last May, Bhutan became the first country to launch a nationwide crypto payment network for tourists. Visitors to the Himalayan kingdom could pay for their visas, flights, hotels, and meals in more than 100 cryptocurrencies via Binance. Within the first month of its launch, over 1,000 merchants signed up to receive payments in crypto.
Almost a year on, though, nothing much has…
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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