Queensland Govt Seeks to Support Crypto Payments

By Our Reporter
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Local authorities in Queensland are reportedly piloting a programme that could see the adoption of a number of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Dash and NEM within the state.

The project is set to see the government approve work by TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments. Kate Jones, Queensland’s Minister for Innovation and Tourism Industry Development has reportedly stated that TravelbyBit has devised a “clever way to make it easier for visitors” to pay for their purchases with a growing number of local businesses accepting cryptocurrency payments and that the company was specifically targeting places like Bundaberg—using cryptocurrency to make it easier for tourists to book holidays.

The new policy, if piloted, will allow merchants in Queensland to see a roll out of cryptocurrency adoption for the tech savvy tourist.

 

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