Overview

• The government unveiled TouristDigiPay as a multi-agency regulatory sandbox that lets foreign visitors convert crypto into Thai baht for QR payments, as planners cut the 2025 arrivals forecast to 33 million.
• The Bank of Thailand’s Tourist Wallet for fiat QR payments is live, while the crypto conversion link remains under review in the sandbox and is not yet broadly active.
• Using the service requires accounts with licensed digital-asset operators and e-money providers plus full passport-based KYC/AML, with access limited to short-stay foreign tourists.
• Merchants receive baht only, cash withdrawals are blocked until account closure, and high-risk categories designated by AML authorities are barred.
• Authorities set monthly limits to curb misuse, with outlets reporting 500,000-baht caps for larger merchants and 50,000 for small shops, and finance officials citing a 550,000-baht test cap on conversions.