Thailand May Soon Accept Bitcoin, Ether, Other Crypto For Travel

Thailand drew almost 40 million foreign travelers in 2019.New Delhi: 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.“There are people who have become wealthy from holding digital currencies and they may want to use the wealth they have accrued,” Yuthasak said in an interview on Thursday.