Binance supports Thailand's bitcoin payment pilot proposal

Thailand is considering a bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra that would be tested in Phuket as a tourism-focused sandbox.
The proposal is backed by Binance Thailand's CEO, who sees it as a positive step for the country's competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to turn Thailand into a digital hub, the central bank still bans crypto payments.