Thailand legalizes cryptocurrencies for tourists from Russia and Ukraine

• Thailand is considering legalizing cryptocurrencies for tourists
• Measures should help those stuck in the countryUkrainians and Russians
• Assistance details remain unknown.

Thai authorities may allow tourists fromUkraine and Russia will pay for services in cryptocurrency. The local publication Thai Enquirer writes about this with reference to the Tourism Authority of Thailand. It is reported that the package of measures to support tourists includes the abolition of fees for visa extensions up to ~$57, hotel accommodation, the search for alternative payment channels and solving problems with insurance.

According to the authorities, the majority of Ukrainian and Russian tourists are now in Phuket, as well as the islands of Koh Samui, Krabi and Pattaya.

Minister of Tourism and Sports Pipat Ratchakitprakarnsaid the government has yet to estimate the budget for these aid measures. He added that he would discuss the organization of flights for tourists wishing to return to their countries. In addition to cryptocurrencies, the Thai authorities are also considering the UnionPay payment network.

Recall that as a result of international sanctions,introduced against Russia, the Visa and Mastercard payment systems became unavailable for transactions with Russian credit cards around the world. The imposition of sanctions was a response to the “special military operation” announced by Russian President Vladimir Putin in the Donbass.

• As the politician assures, the purpose of the action is “to protect people who have been subjected to bullying and genocide by the Kiev regime for eight years.”
• In response to this, Ukrainian President VolodymyrZelensky announced the introduction of martial law throughout the country. He noted that Russia "carried out strikes on our military infrastructure, on our border guards."
• As Interfax writes, EU countriesFollowing the escalation of the conflict, Great Britain, Canada, and the United States introduced personal sanctions against Putin, as well as other high-ranking officials. Sanctions were also introduced against the Central Bank of the Russian Federation and large Russian banks.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Huobi	https://huobi.com	7.4
3	Exmo	https://exmo.me	6.9
4	OKEx	https://okex.com	6.5
5	Bybit	https://bybit.com	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Additional features and services— futures, options, staking, NFT marketplace.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• final grade– the average number of points for all indicators determines the place in the ranking.

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