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Thai lawmakers urged to approve tourism crypto to entice digital nomads

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CoinTelegraph

Fri, Nov 26, 2021

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The initiative aims to attract crypto wealthy digital nomads and the TAT has been in discussions with the Stock Exchange of Thailand regarding TAT Coin’s issuance.

Speaking at the "Transform tourism with cryptourism" conference on Tuesday, Jirayut Srupsrisopa the founder and CEO of local crypto exchange Bitkub urged policymakers to approve the rollout of TAT Coin: "Private sectors are ready to provide digital infrastructure, but we're just waiting for the government to press the button by enacting laws, regulations or even policies to help facilitate digital asset markets.” “Our national GDP could grow six times if we can strengthen this market," he added.

According to the Bangkok Post, TAT governor Yuthasak Supasorn explained that the cryptourism campaign consists of “building a new tourism ecosystem which utilizes digital technologies to allow wealthy populations, including cryptocurrency holders, to channel their money directly to tourism operators without agents or brokers.” Supasorn said the move would greatly help local businesses recover that have been impacted by the lack of tourism capital flowing into the country due to the global pandemic.

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