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What will be the outcome of the Bitcoin pilot project proposal in Phuket by end of 2025?
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Resolution / Starting Odds
Approved and implemented • 25%
Approved but not implemented • 25%
Rejected • 25%
No decision by end of 2025 • 25%
Official announcements from the Thai government or credible news outlets
Story
Thailand Considers Bitcoin Pilot Project in Phuket Proposed by Ex-PM Thaksin, Supported by Binance Thailand CEO
Dec 26, 2024, 02:01 AM
Thailand is considering a Bitcoin pilot project in Phuket, proposed by former Prime Minister Thaksin Shinawatra, aimed at enhancing tourism in the region. The initiative has received support from the CEO of Binance Thailand. However, the Bank of Thailand currently prohibits crypto payments, which presents a challenge for the project's implementation. This pilot could serve as a test case for how the country balances regulatory measures with the growing interest in cryptocurrency and Web3 technologies.
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Active partner • 25%
Consultant • 25%
Observer • 25%
Not involved • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Fully approved • 25%
Decision postponed • 25%
Rejected • 25%
Approved with restrictions • 25%
Both • 25%
Neither • 25%
Accept taxes in Bitcoin • 25%
Establish Bitcoin reserve • 25%
Local businesses • 25%
Tourism • 25%
Investment • 25%
Other • 25%
Passed and implemented • 25%
Rejected • 25%
Still under consideration • 25%
Passed but not implemented • 25%
Stablecoin payments • 25%
Other factors • 25%
Regulated online gambling • 25%
Bitcoin ETFs • 25%
Evenly split • 25%
Majority support • 25%
Uncertain • 25%
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Not implemented • 25%
Abandoned • 25%
Fully implemented • 25%
Partially implemented • 25%