Thailand Explores letting Tourists Pay in Crypto

Thailand is targeting newly-minted crypto millionaires to breathe life into its pandemic-battered tourism industry.

The Tourism Authority of Thailand is working with the nation’s regulators and a local cryptocurrency exchange to pave the way for the acceptance of digital tokens for travel, according to its Governor Yuthasak Supasorn. That may help the tourism-reliant nation to recoup some of the $80 billion in lost revenue through the pandemic, he said.