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Cryptocurrency News Articles

Bhutan Leverages Binance to Enable Crypto Tourism

May 08, 2025 at 08:28 pm

In a landmark move that could redefine digital travel infrastructure, Bhutan has officially launched a nationwide crypto payment solution for tourists — powered by Binance Pay

Bhutan Leverages Binance to Enable Crypto Tourism

Bhutan has taken a pioneering step in rolling out a national crypto payment solution for tourists, aiming to modernize its tourism sector and provide a seamless experience for international travelers.

The initiative, powered by Binance Pay and supported by local banking partner DK Bank, enables travelers to pay for goods and services at over 100 merchants throughout the country using a wide array of cryptocurrencies. Tourists can simply scan QR codes to pay with Bitcoin (BTC), Binance Coin (BNB), USD Coin (USDC), and nearly 100 other supported tokens.

This move is designed to overcome the friction points typically faced by international travelers such as currency exchange, high card fees, and local bank limitations. It also empowers local businesses, particularly in remote areas, that have long struggled with access to card networks and digital banking infrastructure. Now, even the smallest vendor can accept borderless payments from tourists around the globe.

Bhutan’s decision comes amid its broader ambition to position itself as a global leader in crypto innovation. The country is home to an eco-friendly hydro-powered Bitcoin mining sector, and Bhutan’s government also holds one of the largest sovereign Bitcoin reserves in the world, reportedly exceeding 12,000 BTC.

This crypto-forward stance aligns with Bhutan’s ongoing efforts to modernize its financial infrastructure and attract a new class of high-tech travelers. The government has expressed interest in using digital asset tools to strengthen both tourism and financial inclusion without expanding debt or traditional overhead.

A spokesperson for Bhutan’s Department of Tourism highlighted the long-term vision: “We want Bhutan to be known not only for its culture and landscapes, but also as a beacon of modern financial access. This initiative supports both travelers and small businesses with real, usable tech.”

The collaboration with Binance also reinforces the role of digital payments as a gateway to broader economic participation, especially in a country where many regions remain underserved by traditional banks.

By offering international visitors the freedom to transact with crypto — and simultaneously insulating local vendors from the complexities of blockchain — Bhutan is delivering an elegant solution that bridges both worlds.

Bhutan’s rollout joins a global trend of countries experimenting with crypto for tourism. Thailand launched a crypto payment pilot in Phuket earlier this year. El Salvador famously legalized Bitcoin in 2021 and has since integrated BTC into its national tourism strategy. Malta, too, continues to welcome crypto users with dozens of crypto-friendly resorts and restaurants.

As blockchain adoption continues to mature, tourism is proving to be one of the most practical and impactful sectors for real-world crypto integration — offering frictionless payments and global interoperability for both consumers and service providers.

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