To push the tourism industry battered by the COVID-19 pandemic, Thailand recently said that it was teaming up with local cryptocurrency companies and exchanges to begin accepting the digital coins for travel. This form of tourism, known as crypto tourism, caters to enthusiasts of virtual coins by offering them packaged tours that can be paid for with digital currency. By using Bitcoin and other cryptocurrencies, travellers can make payments seamlessly while avoiding high ATM fees, currency conversion rates, etc.
According to a Bloomberg report, the Tourism Authority of Thailand (TAT) was planning to target newly-minted crypto millionaires. Thailand Governor Yuthasak
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