TAT considers launching its own utility token

TAT considers launching its own utility token

The Tourism Authority of Thailand (TAT) has floated the idea of launching its own utility token — the TAT Coin — to capitalise on a growing market of holders of cryptocurrencies, but first needs to consider the relevant regulations and viability before getting started.

TAT governor Yuthasak Supasorn said the TAT is currently in discussions with the Stock Exchange of Thailand regarding the possibility of introducing the TAT Coin, which would involve the transfer of vouchers into digital tokens that could help operators gain greater liquidity. However, the token could not be…