Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure.
Tourism News
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Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco.
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Coinpectra is in the Kingdom of Bhutan to check the state of crypto adoption in the eastern Himalayan country.
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Thailand plans to let tourists use crypto via credit cards while overhauling financial laws to align capital and digital asset markets.
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There are few places on Earth as Bitcoin-friendly as the scenic Garden Route in South Africa, where Bitcoin circular economies have blossomed.
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Bhutan’s tourism department and Binance said the new venture is the “world’s first national-level crypto tourism payment system.”
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The OECD’s policy paper highlights AI’s potential to reshape G7 tourism, enhancing sustainability and visitor experiences while addressing risks.
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Top-tier members of Travala.com are set to earn 10% cashback rewards in Bitcoin on travel booking payments made with the Singapore-based travel agency.
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Torrevieja, a tourist hub in the Alicante province of Spain, will allow stores to accept payments in crypto, paving the way for greater adoption.
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Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions.
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El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022.
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Several businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments in the hopes it can spur tourism spending.
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Salvadoran President Nayib Bukele previously announced that El Salvador’s GDP grew over 10% in 2021.
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Travel and tourism are set to benefit from blockchain technology, addressing issues such as high fees and too many intermediaries.
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The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures.
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