Crypto

Bhutan Introduces Binance Pay for National Tourism Payments

2025/05/08 14:06 (Updated 2025/05/12 21:03)
CoinPost
Written by K.Kobayashi
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Bhutan Introduces Binance Pay for National Tourism Payments

Cryptocurrency Use Enabled for Travel

The cryptocurrency exchange, Binance, announced on the 7th that the Kingdom of Bhutan has implemented its payment solution, 'Binance Pay', as the payment system for its tourism industry.

Binance claims this to be the world's first instance of a national tourism industry payment system supporting cryptocurrencies. Users with a Binance account can now use digital assets to pay for airfares, accommodation, retail purchases, and more during their trips to Bhutan.

This implementation of Binance Pay involves a collaboration with the 'DK Bank', a digital bank holding a business license in Bhutan...

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.