Per Bloomberg Thailand cryptocurrency Per Bloomberg Thailand

Thailand bets on crypto millionaires to revive COVID-battered tourism industry

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Eyeing the nouveau-riche crypto millionaires as a means to bring back to life the severely damaged tourism economy, the Tourism Authority of Thailand (TAT) is collaborating with local cryptocurrency exchanges and companies to develop infrastructure for accepting crypto as a medium of exchange for tourism.

Per Bloomberg, TAT governor Yuthasak Supasorn is aiming to create an easy route for the crypto elites to transact in this asset class in the country, which has already lost revenue close to $80

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