This innovative payment system empowers travelers to use over 100 supported cryptocurrencies—including BNB, Bitcoin (BTC), and USD Coin (USDC)—for nearly all travel-related transactions. From booking flights and paying for tourist visas to covering accommodation, the Sustainable Development Fee (SDF), entry to cultural sites, guided tours, and even buying fresh produce at roadside stalls, visitors can now complete payments using simple QR code scans—both static and dynamic—on their Binance app.
(Image Source)
GLOBhutan has taken a pioneering step in the global travel industry by becoming the first country to roll out a nationwide cryptocurrency-based payment system for tourism. In collaboration with Binance Pay and Bhutan’s digital-native financial institution DK Bank, the initiative allows visitors with Binance accounts to experience a fully cashless journey throughout the country.
This innovative payment system empowers travelers to use over 100 supported cryptocurrencies—including BNB, Bitcoin (BTC), and USD Coin (USDC)—for nearly all travel-related transactions. From booking flights and paying for tourist visas to covering accommodation, the Sustainable Development Fee (SDF), entry to cultural sites, guided tours, and even buying fresh produce at roadside stalls, visitors can now complete payments using simple QR code scans—both static and dynamic—on their Binance app.
Over 100 merchants across Bhutan, including businesses in remote and rural regions, are now equipped to accept crypto payments. The partnership addresses common challenges associated with digital payments in developing markets, such as high transaction costs and limited infrastructure. By leveraging Binance Pay’s platform, transactions are conducted with minimal fees, zero gas charges, and real-time settlement and confirmation, ensuring transparency and efficiency for both merchants and travelers.
This marks the first time a national tourism economy has integrated cryptocurrency as a primary form of payment on a systemic scale, making Bhutan a global trailblazer in merging financial innovation with cultural tourism. Security remains paramount, with encrypted transactions, two-factor authentication (2FA), and real-time verification mechanisms built into the Binance ecosystem.
Known globally as the “Kingdom of Happiness,” Bhutan is renowned for prioritizing Gross National Happiness (GNH) over conventional economic metrics like GDP. The country’s commitment to sustainable development, cultural preservation, and equitable growth aligns seamlessly with this digital initiative. By integrating crypto technology into its tourism infrastructure, Bhutan not only enhances visitor experiences but also broadens economic opportunities for small, often overlooked vendors in rural areas.
Binance CEO Richard Teng praised the collaboration, stating, “We are excited to partner with Bhutan as we not only advance the use of cryptocurrencies in travel but also set a precedent for how technology can bridge cultures and economies. This initiative exemplifies our commitment to innovation and our belief in a future where digital finance empowers global connectivity and enriches travel experiences.”
More than just a payment solution, this initiative represents a bold commitment to digital inclusion, innovation, and national identity. Bhutan’s fusion of heritage and high-tech offers a model for how countries can leverage fintech to sustainably boost tourism while preserving their unique cultural fabric.
For more information, visit bhutan.travel.
Source: Bhutan Travel / Binance
Disclaimer: Press release
© Press Release 2025
Send us your press releases to news@globalloyalty.org
Press releases originate from external third-party providers. This website does not have responsibility or control over its content, which is presented as is, without any alterations. Neither this website nor its affiliates guarantee the accuracy of the views or opinions expressed in the press release.
The press release is intended solely for informational purposes and does not offer tax, legal, or investment advice, nor does it express any opinion regarding the suitability, value, or profitability of specific securities, portfolios, or investment strategies. Neither this website nor its affiliates are liable for any errors or inaccuracies in the content, nor for any actions taken based on it. By using the information provided in this article, you agree to do so at your own risk.
To the maximum extent permitted by applicable law, this website, its parent company, subsidiaries, affiliates, shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors shall not be liable to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages, including but not limited to lost profits, savings, and revenues, whether in negligence, tort, contract, or any other theory of liability, even if the possibility of such damages was known or foreseeable.
The images used in press releases and articles provided by 3rd party sources belong to the respective source provider and are used for illustrative purposes in accordance with the original press releases and publications.
Disclaimer: Content
While we strive to maintain accurate and up-to-date content, Global Loyalty Organisation Ltd. makes no representations or warranties of any kind, express or implied, about the correctness accuracy, completeness, adequacy, or reliability of the information or the results derived from its use, not that the content will meet your requirements or expectations. The content is provided “as is” and “as available”. You agree that your use of the content is at your own risk. Global Loyalty Organisation Ltd. disclaims all warranties related to the content, including implied warranties of merchantability, fitness for a particular purpose, non-infringement, and title, and is not liable for a particular purpose, non-infringement, and title, and is not liable for any interruptions. Some jurisdictions do not allow the exclusion of certain warranties, so these jurisdictions may not apply to you. Global Loyalty Organisation Ltd. Reserves the right to modify, interrupt, or discontinue the content without notice and is not liable for doing so.
Global Loyalty Organisation Ltd. shall not be liable for any damages, including special, indirect, consequential, or incidental damages, or damages for lost profits, revenue, or use, arising out of or related to the content, whether in contract, negligence, tort, statute, equity, law, or otherwise, even if advised of such damages. Some jurisdictions do not allow limitations on liability for incidental or consequential damages, so this limitation may not apply to you. These disclaimers and limitations apply to Global Loyalty Organisation Ltd. and its parent, affiliates, related companies, contractors, sponsors, and their respective directors, officers, members, employees, agents, content providers, licensors, and advisors.
The content and its compilation, created by Global Loyalty Organisation Ltd, are the property of Global Loyalty Organisation Ltd. and cannot be reproduced without prior written permission.
