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Friday, March 29, 2024

TAT urged to target rich crypto tourists

TAT urged to target rich crypto tourists

A new tourism ecosystem targeting global cryptocurrency holders could provide a huge boost to national GDP if the Tourism Authority of Thailand (TAT) shifted away from traditional marketing to attract new nano entrepreneurs.

A sign announcing acceptance of bitcoin at Lim Lao Ngow, a fishball noodle shop in Siam Square. Pawat Laupaisarntaksin

Bitkub founder and chief executive Jirayut Srupsrisopa said that while Thailand’s GDP was around US$500 billion, the cryptocurrency market is worth over $3 trillion.

He said the tremendous growth of this market has created wealthy individuals, and…

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