Australia Invests in Crypto for Tourism

Crypto Investment News

Province of Queensland, Australia, has announced to issue a grant to a cryptocurrency startup to boost regional tourism. The state government will be investing approximately $8.3 million of innovation funding in a digital currency payment platform, TravelbyBit. The platform would extend travel offers with cryptocurrencies, thereby increasing the number of tourists. It enables travelers to pay by Bitcoin, Litecoin, Ethereum, and others.

Leave a Reply

Your email address will not be published. Required fields are marked *