Categories: Cryptocurrencies

Airport and town in Australia notch up crypto firsts

And five hours away, Agnes Water, is also claiming to be the world’s first digital currency-friendly tourist beach town, where dozens of shops have embraced tokens as a form of payment. The aim is to attract a niche market of international travellers who use cryptocurrency, which is still not yet regarded as legal money in Australia but as property. However, many shops across the country have gradually began to jump on the bandwagon.

Businesses at Brisbane International Airport announced in January they would start accepting cryptocurrencies for payment of purchases and today all shops there accept transactions via the likes of Bitcoin Core, Dash, Bitcoin Cash, Ehtereum, Xem and Steem.

To make this possible, Brisbane Airport Corporation partnered with Australian payment provider TravelbyBit. “We’ve got travellers from all over the world testing it out and I think the merchants are really excited. They have been telling us they have been getting a lot of interaction from all the different visitors and that’s created a bit of a buzz,” says TravelbyBit CEO Caleb Yeoh. He adds that people can visit the company’s website to view live transactions, which have varied between $5 and $55.

Olivier Acuña

Olivier has been writing for over 30 years. He has been based in six countries working for major news outlets including the Guardian, UPI & AP. He has covered massive earthquakes, presidential elections, immigration, and taken photos standing in the middle of shootouts between drug cartels, gone undercover to investigate organised crime, interviewed presidents, former presidents, heads of international organisations.

Disqus Comments Loading...

Recent Posts

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

5 hours ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

4 weeks ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

1 month ago