Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand have jointly initiated a digital asset regulatory sandbox framework to facilitate cryptocurrency exchanges for international visitors.
The program enables foreign tourists to legally convert Bitcoin into Thai Baht within strictly monitored parameters. This initiative targets travelers seeking seamless access to local currency through crypto assets while addressing security and compliance concerns.
The sandbox operates under rigorous supervision from multiple regulatory authorities including Thailand’s SEC and the Anti-Money Laundering Office. This multi-agency oversight ensures all transactions comply with anti-fraud protocols and financial regulations during the trial phase.