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Binance supports Thailand's Bitcoin payment pilot proposal

Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra that will be tested in Phuket as a tourism-focused sandbox, Internet reports. The proposal was supported by Binance Thailand's CEO, who saw it as a positive step in the country's competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to turn Thailand into a digital center, the Central Bank of Thailand still bans crypto payments.

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