Many sectors have been adversely affected by the Coranavirus pandemic, which has affected the whole world. According to Bloomberg’s report, Thailand is one of the countries that lost income due to pandemics and closures.
Thailand, which is a tourism country, lost 80 billion dollars in tourism income due to the pandemic. The “Thailand Tourism Authority (TAT)” of the country, which has experienced significant income loss, is working on some projects in the field of crypto money to return to its old days.
TAT aims to attract wealthy crypto investors from the region to the country so that the country can return to its former glory.
For this, Thailand’s Minister of Tourism, Yuthasak Supasorn, stated that they are meeting with local cryptocurrency companies and exchanges to make it easier and more convenient for visitors to spend cryptocurrencies in the country.
“There are people who get rich with digital currencies. They may want to use their accumulated wealth. In this context, if they can use their money without changing it here, it will be easier for them.”
“TAT COIN” Work Continues!
Due to the pandemic, countries and people have recently started to be interested in cryptocurrencies. As one of these countries, Thailand is working to launch its own cryptocurrency called “TAT Coin”.
The TAT token has landed on the Thai Stock Exchange for approval. The Tourism Authority of Thailand, which is responsible for the launch of the local token, will launch the “TAT token” after necessary approval.
In Thailand, which aims to attract crypto-based tourists to stimulate tourism, tourism figures are not expected to return to pre-pandemic levels until 2024.