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Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders

Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders

The Tourism Authority of Thailand (TAT) is going an extra mile of targeting crypto holders, especially those from Japan as it seeks to revamp the nation’s tourism sector in the post-pandemic era

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.

Hong Kong’s Central Bank and Bank of Thailand Announce Results of Blockchain-Based CBDC Study

Hong Kong’s Central Bank and Bank of Thailand Announce Results of Blockchain-Based CBDC Study

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand published the results in a research report of the Project Inthanon-LionRock, by the two central banks on the application of central bank digital currencies (CBDCs) on cross-border payments. In May 2019, the two authorities signed a Memorandum of Understanding (MoU) on fintech collaboration, as Thailand is one of Hong Kong’s top 10 principal trading partners.

Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut

Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut

The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the third development phase of the nation’s CBDC before a public debut.

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

The Bank of Thailand (BOT) announced its plans for a Central Bank Digital Currency (CBDC) prototype to be in effect by 2021. The BOT plans to begin the production of their prototype for a CBDC next month.

Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism

Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism

Hainan, a southern island province of China, is developing a blockchain-enabled points reward program aimed at promoting tourism in the region.

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance

Thailand Immigration Services to Implement the Idea of Virtual Visas

Thailand Immigration Services to Implement the Idea of Virtual Visas

Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Initiative (BCI) has joined hands with IBM to extend the scope and reach of the blockchain-powered electronic letter of guarantee.

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

The Bank of Thailand is warning citizens against using the illegal THT stablecoin.

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