BLOOMBERG · 2026-11-13 03:26 UTC

Thailand Lets Tourists Turn Crypto Into Baht for Spending

WORPT, a new app developed by Wipay Co. and Waan Exchange Co., lets foreign tourists convert crypto into baht and pay at shops and restaurants by scanning barcodes, without a Thai bank account. It runs under TouristDigiPay, a regulatory pilot from Thailand's Securities and Exchange Commission, and targets holders from South Korea, Japan, the Middle East and Southeast Asia. The company expects 200,000 users in its first year and projects 15 billion baht ($440 million) in spending over the 18-month trial, as Thailand's foreign arrivals and tourism revenue decline for a second straight year.

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