Thailand’s tourism authority wants to issue a utility token to lure crypto holders into the country
The Tourism Authority of Thailand (TAT) is looking into the possibility of creating your own utility token to increase visitor crypto revenue.
International tourists visit Koh Phi Phi Leh island, Phuket
TAT is reportedly in talks with the Thailand Stock Exchange to launch the TAT coin and is weighing the legal and feasibility aspects of such a project, the report said. Bangkok Post News today.
TAT director Yuthasak Supasorn said Thailand needed to prepare digital infrastructure as well as digital literacy for tourism companies related to cryptocurrencies.
“Traditional business models may not be able to keep up with new changes,” he said.
If developed, the utility of the token could make it easier to convert bills into TAT coins and increase the liquidity of tour operators. It could also signal to the rest of the crypto world that Thailand’s tourism sector is back to work as the country grapples with Covid-19.
According to Reuters, Thailand will lift mandatory quarantine in Bangkok and nine regions from November 1 for those who have received two doses of the vaccine.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
La Bo
According to Coindesk
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
“Traditional business models may not be able to keep up with new changes,” he said. If developed, the utility of the token could make it easier to convert bills into TAT coins and increase the liquidity of tour operators. It could also signal to the rest of the crypto world that Thailand’s tourism sector is back to work as the country grapples with Covid-19.
According to Reuters, Thailand will lift mandatory quarantine in Bangkok and nine regions from November 1 for those who have received two doses of the vaccine.
Author
Market
Thailand’s tourism authority wants to issue a utility token to lure crypto holders into the country
The Tourism Authority of Thailand (TAT) is looking into the possibility of creating your own utility token to increase visitor crypto revenue.
International tourists visit Koh Phi Phi Leh island, Phuket
TAT is reportedly in talks with the Thailand Stock Exchange to launch the TAT coin and is weighing the legal and feasibility aspects of such a project, the report said. Bangkok Post News today.
TAT director Yuthasak Supasorn said Thailand needed to prepare digital infrastructure as well as digital literacy for tourism companies related to cryptocurrencies.
“Traditional business models may not be able to keep up with new changes,” he said.
If developed, the utility of the token could make it easier to convert bills into TAT coins and increase the liquidity of tour operators. It could also signal to the rest of the crypto world that Thailand’s tourism sector is back to work as the country grapples with Covid-19.
According to Reuters, Thailand will lift mandatory quarantine in Bangkok and nine regions from November 1 for those who have received two doses of the vaccine.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
La Bo
According to Coindesk
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
“Traditional business models may not be able to keep up with new changes,” he said. If developed, the utility of the token could make it easier to convert bills into TAT coins and increase the liquidity of tour operators. It could also signal to the rest of the crypto world that Thailand’s tourism sector is back to work as the country grapples with Covid-19.
According to Reuters, Thailand will lift mandatory quarantine in Bangkok and nine regions from November 1 for those who have received two doses of the vaccine.
Other Posts
Related Posts
Latest
Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B
Crypto Advisory Council Now A White House Position Attracting Leaders
Press Release
Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B
Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries
