WORPT allows tourists to convert cryptocurrency to Thai baht for spending without opening a Thai bank account

Odaily reports that Thailand has launched a payment app called WORPT, allowing foreign tourists to convert cryptocurrency into Thai baht and spend it by scanning QR codes widely used at local shops and restaurants, without needing to open a Thai bank account. The app was developed by Wipay and Waan Exchange, the latter founded by Chaval Jiaravanon. WORPT operates under the TouristDigiPay regulatory pilot launched by the Securities and Exchange Commission of Thailand.