Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay

CN
6 hours ago

Bhutan Becomes First Nation to Power Entire Tourism Sector with Crypto

In a landmark move blending technology with tourism, Bhutan has rolled out the world’s first national crypto payment system for travelers, powered by Binance Pay and DK Bank.

According to the official announcement, the initiative allows visitors to pay with digital assets across the entire tourism experience, from booking flights and securing visas to paying for local crafts in remote village markets.

The system integrates over 100 Bhutanese merchants, enabling seamless, real-time transactions through the Binance app. Tourists can scan QR codes and pay in over 100 supported cryptocurrencies, including bitcoin, BNB, and USDC. DK Bank facilitates instant local settlement, eliminating currency exchange hurdles and credit card restrictions that often complicate international travel.

“This is more than a payment solution. It’s a commitment to innovation, inclusion, and convenience,” said Damcho Rinzin, Director at Bhutan’s Department of Tourism.

Crucially, the system benefits Bhutan’s small businesses and rural vendors, many of whom previously lacked access to digital payment infrastructure. With just a smartphone, they can now connect to a global customer base.

“We are excited to partner with Bhutan as we are not only advancing the use of cryptocurrencies in travel, but also setting a precedent for how technology can bridge cultures and economies,” said Richard Teng, CEO of Binance.

This partnership aligns with Bhutan’s broader goals of equitable economic development and cultural preservation, while showcasing how blockchain can drive real-world inclusion. As the first country to implement crypto payments nationwide for tourism, Bhutan is positioning itself as a model for integrating digital finance into national infrastructure, with global implications.

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