Post
Topic
Board Legal
Re: Thailand issues licenses for 13 digital currency service providers
by
Z-tight
on 20/08/2025, 12:41:55 UTC
The initiative is a good one, especially since it is aimed at improving tourism in the country. However, i think they ought to make the process easier for tourists if they want to encourage them to come and spend their coins in the country. I know it is all in a bid to combat money laundering, but i feel the process is too strict and centralized, tourists must open accounts with a regulated digital asset business and an e-money provider.

Tourists must also complete kyc process. I believe it would be far more effective if some of these laws were relaxed, as not all tourists would want to go through this process.