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Bhutan is embracing cryptocurrency to boost its tourism sector, a vital source of revenue. The nation will soon permit crypto payments for tourist-related expenses through a newly launched system utilizing Binance Pay. This initiative aims to attract more visitors by offering a more affordable payment alternative.
Traditional currency exchange fees and the limited acceptance of international credit cards often present challenges for tourists. By enabling cryptocurrency payments, Bhutan hopes to bypass these hurdles, making travel more financially accessible and convenient. This move is expected to incentivize tourists and ultimately contribute to the growth of Bhutan’s tourism industry.
