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Thailand’s Tourism Authority Intends to Launch its Own Utility Token

Amy Liu

Summary: According to a recent report by Bangkok Post, the Tourism Authority of Thailand aims to attract cryptocurrency owners to the country by launching its own utility token. Named after the entity, the TAT coin would enable the transfer of vouchers and help tour operators gain greater liquidity. Before launching the TAT coin, though, the agency ...

According to a recent report by Bangkok Post, the Tourism Authority of Thailand aims to attract cryptocurrency owners to the country by launching its own utility token. Named after the entity, the TAT coin would enable the transfer of vouchers and help tour operators gain greater liquidity.

Before launching the TAT coin, though, the agency would need approval from the country’s regulators as it may not have the jurisdiction to issue this type of digital token. Thailand is known as one of the most-visited countries across the globe, and the potential cryptocurrency initiative might attract more travelers.

By Amy Liu

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