How to Integrate Binance Pay with DK Bank for Businesses in Bhutan
Announced in May 2025, Binance Pay, in partnership with DK Bank, offers Bhutanese businesses a secure, contactless, and borderless cryptocurrency payment solution. This service is exclusively available for verified business accounts, and normal savings accounts are not eligible. Businesses can accept payments via QR code scanning, supporting over 100 cryptocurrencies. This guide outlines the steps for businesses to integrate Binance Pay with DK Bank.
1 Bhutan's Crypto Revolution for Businesses
In May 2025, Bhutan launched a pioneering crypto payment system for businesses, in collaboration with Binance Pay and DK Bank, marking the first national-level crypto tourism payment system. Key developments for businesses include:
- Sovereign crypto fund: 5% of Bhutan's foreign reserves allocated to cryptocurrency investments, boosting business confidence
- DK Bank business integration: Authorized business accounts at DK Bank can accept crypto payments via QR codes
- Tax incentives: Zero capital gains tax on crypto transactions for registered businesses
- Eco-friendly mining: Leveraging Bhutan’s hydroelectric power for sustainable Bitcoin mining, accessible to businesses
Source: Bhutan launches tourism crypto payments with Binance Pay and DK Bank, Cointelegraph, May 7, 2025
[](https://cointelegraph.com/news/bhutan-crypto-payments-tourism-binance-pay-dk-bank)2 Apply for Binance Pay Integration
Businesses must complete a formal application process to integrate Binance Pay with DK Bank. Follow these steps:
- Request the official Binance Pay business application form by clicking the email icon below. The form requires your business name, registration number, DK Bank business account details, and a letter of intent explaining how Binance Pay will be used.
- Submit the completed form to Binance for review. Processing typically takes 5–7 business days, with priority for Bhutanese businesses.
- Upon approval, use the official Bhutan business referral link to create your Binance account:
- Complete KYC verification for your business, providing your Citizenship ID (CID), business license, and DK Bank business account details.
- Enable Binance Pay in your account settings after verification.
3 Exclusive Features for Bhutanese Businesses
Binance Pay offers tailored features for verified Bhutanese business accounts, focused on QR code payments:
- Ngultrum trading pairs: Trade directly with BTN/USDT and BTN/BTC for seamless transactions
- Priority verification: Fast-tracked KYC processing for Bhutanese businesses
- Green Blockchain mode: Opt for eco-friendly transactions powered by Bhutan’s hydroelectric energy
- QR code payments: Accept payments by generating DK Bank QR codes for customers to scan via the Binance app
Note: The Binance app does not currently support a Dzongkha interface, and all interactions are in English or other supported languages.
Source: Bhutan launches tourism crypto payments with Binance Pay and DK Bank, Cointelegraph, May 7, 2025
[](https://cointelegraph.com/news/bhutan-crypto-payments-tourism-binance-pay-dk-bank)4 Using Binance Pay with DK Bank
Once approved, businesses can use Binance Pay for transactions via DK Bank’s QR code system (as of 2025):
- Direct deposits: Transfer Ngultrum from your DK Bank business account to Binance (daily limit: 100,000 BTN for businesses)
- P2P marketplace: Verified business accounts receive “Trusted Merchant” badges for enhanced credibility
- Binance Pay QR: Generate DK Bank QR codes for customers to scan and pay with over 100 cryptocurrencies, instantly settled in Ngultrum
- B2B transactions: Streamline payments to suppliers or partners using Binance Pay QR codes
Source: Bhutan launches national-level tourism crypto payment system with Binance, Kuensel Online, May 17, 2025
[](https://kuenselonline.com/news/bhutan-launches-national-level-tourism-crypto-payment-system-with-binance)The Future of Crypto for Bhutanese Businesses
Bhutan’s 2025 partnership with Binance Pay and DK Bank positions it as a global leader in crypto adoption for businesses. Benefits for verified business accounts include:
- Faster cross-border payments, ideal for import/export businesses
- Access to global customers via QR code payments, even in remote areasParticipation in the “Digital Shangri-La” initiative for blockchain-based business solutions
To begin, request the application form by clicking the email icon and ensure your DK Bank business account is active. Always consult the Royal Monetary Authority of Bhutan for the latest regulations before engaging in significant transactions.
Source: Bhutan Partners with Binance Pay and DK Bank to Launch the World’s First National Crypto-Based Tourism Payment System, Crypto Daily, May 14, 2025
[](https://cryptodaily.co.uk/2025/05/bhutan-partners-with-binance-pay-and-dk-bank-to-launch-the-worlds-first-national-crypto-based-tourism-payment-system)