Post
Topic
Board Legal
Merits 1 from 1 user
Re: Thailand issues licenses for 13 digital currency service providers
by
zasad@
on 22/08/2025, 20:47:26 UTC
⭐ Merited by Z-tight (1)
Can you show me a practice where a tourist would be held accountable under the law for paying with cryptocurrency?
In Russia, it is also prohibited to pay with cryptocurrency, by law, you have to sell the coins for rubles and pay. But no one cares about it.
In Russia do you have merchants who openly accept payment in cryptocurrency? Despite it being prohibited. I don't live in Thailand, but the article reads that tourists have to convert cryptocurrency to Thai Baht for spending, i don't know if this is strictly monitored or if nobody cares about it like you say happens in Russia. But if nobody cared about it, then only very few tourists would go through the kyc requirement.
Of course, you will not find a store in Russia where prices will be indicated in USDT. But most stores of goods for mining, hardware wallets and everything related to cryptocurrencies in telegram groups and in personal correspondence offer to pay for goods in USDT. Many businessmen pay for goods from China in USDT.

Pattaya, Phuket, Bangkok, commission 2-4%
https://www.bestchange.ru/tether-trc20-to-dollar-cash-in-ptty.html
https://www.bestchange.ru/tether-trc20-to-dollar-cash-in-phuk.html
https://www.bestchange.ru/tether-trc20-to-dollar-cash-in-bngk.html

I want to tell you that digital nomads who live abroad pay each other with cryptocurrencies without any problems. There is a shadow market for cryptocurrency exchange in any country. Just go to the expat group in Telegram.