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Binance and Bhutan Team Up to Bring Crypto Payments to Travelers
Last Updated: May 07, 2025
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Key Takeaways
- Bhutan lets tourists pay for hotels, tickets, and more using cryptocurrencies through Binance Pay and DK Bank;
- Travelers can scan a QR code to pay with over 100 digital assets, no cash or wallet needed;
- Bhutanese businesses get quick, low-fee crypto payments, with DK Bank managing local settlements.
Bhutan has introduced a new way for tourists to pay using cryptocurrencies through a partnership with Binance
The system was announced by the country's Department of Tourism on May 7 and allows visitors to cover costs like hotel stays, tickets, guides, and other services using more than 100 digital assets, including Bitcoin
It also allows travelers with Binance accounts to pay businesses in Bhutan by scanning a QR code with their phones. This includes small shops and craft sellers who may not have access to card payment machines.
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The goal is to make it easier for tourists to pay without carrying local cash or exchanging currency. Binance added that travelers can complete purchases directly through their Binance app without needing to bring a wallet.
Additionally, Bhutanese businesses can now accept crypto payments without worrying about price changes. Payments are processed quickly, with low fees, and DK Bank handles the local settlements.
Binance’s CEO, Richard Teng, said the project shows how technology can make payments easier and help connect people from different places. He added,
This initiative exemplifies our commitment to innovation and our belief in a future where digital finance empowers global connectivity and enriches travel experiences.
Meanwhile, the Kyrgyz Republic recently announced plans to grow blockchain and improve digital asset policies. How? Read the full story.
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