INSUBCONTINENT EXCLUSIVE:
The Kingdom of Bhutan is integrating cryptocurrency payments into its tourism infrastructure in a bid to modernize its economy and attract
younger, tech-savvy travelers
partnered with local bank DK Bank to let users pay for their expenses in Bhutan using crypto
During the panel discussion, DK Bank president Ugyen Tenzin said almost 1,000 merchants nationwide have been onboarded to accept the payment
integrating crypto, he said the country could become more accessible to modern travelers and eliminate friction in its payment
opportunity for the Himalayan kingdom
mindful tourism vision.Rinzin also shared the modest goal of attracting 300,000 users annually
users to visit would boost the local economy.He also compared crypto payment fees with traditional banking systems
projects like the Gelephu Mindfulness City underway, crypto integration is seen as a part of a broader vision in Bhutan
officer Carissa Nimah (middle) at a roundtable event with the media
local tour guide also told Cointelegraph that he would not recommend a purely crypto approach when visiting Bhutan
laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
