The Australian Government has allocated a grant of 8 million 300 thousand dollars to a cryptocurrency start-up

The Australian Government has allocated a grant of 8 million 300 thousand dollars to the start-up named TravelbyBit, finversia.ru wrote. According to the Cointhelegraph, Australian authorities plan to develop tourism by creating new outlets that accept digital money for payment. According to co-founder and head of TravelbyBit, Caleb Yeoh, the company cooperates with Brisbane Airport, in all terminals of which it is possible to pay for goods and services with digital money. He also noted that more than 150 stores across Australia use the company's system, and tourists in regional tourist cities can already pay with bitcoin and other cryptocurrencies.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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