Australian State Government Invests in Crypto Startup for Tourism

**The government of Australian state, Australia’s second largest and third-most thickly settled state, is backing an area crypto payments startup that officials believe can facilitate boost touristry within the state.

In AN announcement on its official web site on Wednesday, the Australian state government discovered details of AN AUD$8.3 million grant given to seventy domestic corporations trying to initiate within the region. Pointedly, the announcement stapled Australian state-based crypto payments startup TravelbyBit because the headlining act in describing it as “a startup company set to drive additional tourists to Central Queensland by selling travel experiences on-line exploitation cryptocurrency.”

In statements after announcing the Advance Australian state Ignite concepts grant to the crypto startup

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