Bhutan Launches Countrywide Crypto Payment System for Tourists

Last Updated on May 7, 2025

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Key Takeaways:

  • Bhutan has launched a crypto-powered tourism payment system via Binance Pay and DK Bank, allowing visitors to use over 100 digital assets for travel-related expenses.
  • The initiative enables rural vendors to accept crypto using QR codes and smartphones, aiming to boost financial inclusion and local economies.
  • Bhutan’s broader crypto strategy includes a national reserve holding over 12,000 BTC and investments across multiple blockchain networks.

Bhutan has launched a national crypto tourism payment system in partnership with Binance Pay and DK Bank, allowing visitors to pay for flights, hotels, tours, and local goods using over 100 cryptocurrencies, including Bitcoin, USDC, and BNB.

The system is integrated with 100+ local merchants and aims to provide a seamless, cashless experience.

A key goal is to empower rural and small businesses by enabling them to accept crypto payments via QR codes and smartphones without traditional payment infrastructure.

The service features real-time confirmations, low fees, and settlement through a licensed Bhutanese bank.

This initiative aligns with Bhutan’s broader digital asset strategy.

The country has been investing in crypto since 2019 and currently holds over 12,000 BTC through its state-owned Druk Holding and Investments (DHI).

It also holds smaller crypto assets on Polygon, BNB Chain, and Base.

Despite this progress, crypto regulations in Bhutan remain unclear.

The Royal Monetary Authority issued a caution in 2020 regarding crypto investments, stressing the need for more defined policy.

Officials describe the initiative as a commitment to innovation, inclusion, and financial modernization, aiming to enrich travel experiences and strengthen global connectivity.

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