On 4 August, Dash's official Twitter handle stated that the Queensland Government, in Australia, is presumably setting up a scheme to adapt Bitcoin and other cryptocurrency payments to the system. This program could help cryptocurrencies to see wider adoption in Queensland. The coins that should be accepted are BTC, LTC, ETH, DASH and NEM [XEM].
Currently, in the Australian scenario of the cryptocurrency space, he has seen widespread adoption in payments across the country. From Queensland and Victoria to Perth in Western Australia, local merchants of many large cities also accept cryptocurrencies.
Some of them are 1770 SUP, a travel provider in Queensland, Natures Hideaway Spa in Perth and Spoon, a restaurant in the Brisbane Airport's International Terminal, among others.
TravelByBit is the company that works on the project that must be approved by the government. The company helps local sellers to open their payment options on Bitcoin and other cryptocurrencies in Australia. TravelByBit collectively calls these projects as the crypto adoption movement intended to favor the travelers involved in the cryptocurrency space.
In addition, the crypto-tourism company has also made its way into one of the 70 companies to be financed by the Queensland government. In a statement, Kate Jones, Minister of Industry and Tourism Development of Queensland, reported:
"TravelbyBit has come up with a smart way to make it easier for our state's visitors to pay for their purchases with a growing number of local companies accepting cryptocurrency payments I understand that TravelbyBit is specifically targeting places like Bundaberg – using cryptocurrency to make it easier for tourists to book vacations. "
The CEO of Crypto-tourist company has also stated that the team is aimed at a different audience as the phase of the cryptocurrency is Here. The main focus of their services is on travelers who are technology experts, specifically involved or who start their journey in the cryptocurrency.
Travelers can book their tickets, eat out, pay their hotel expenses, and more through cryptocurrencies like Bitcoin and Litecoin. Currently, the company alone has about 150 merchants in Australia using its services including the medical sector.
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