Gate News bot reports that, according to CoinDesk, Bhutan is fully promoting the development of Crypto Assets - not only to modernize its financial system but also to attract high-value tourists from around the world and create a digitally resilient economy.

Gate News bot reports that according to CNN, as the conflict with Israel escalates, hundreds of Chinese workers, students, and tourists are fleeing or being evacuated from Iran to neighboring countries.

According to Gate News bot, despite rising cost pressures and squeezed profitability, Southeast Asia's largest budget airline is aggressively expanding its capacity. Over the past two decades, budget airlines have surged in Asia, driven by rising disposable incomes and strong travel demand from Chinese tourists.

According to Gate News bot, as reported by Decrypt, American tourist Jacob Irwin-Cline encountered a crypto assets theft case in London's West End. In the early hours of May 9, when Jacob was leaving The Roxy nightclub in Soho, he was intercepted by a fake Uber driver. The driver drugged Jacob with a substance in a cigarette, causing him to lose consciousness, and then obtained his phone password to directly access his Revolut account. Criminals stole $72,000 worth of XRP, $50,000 in bitcoin, and other small Crypto Assets, totaling over $123,000 in losses. Police investigations confirmed that this is a new case of "wrench attack" targeting Crypto Assets holders in Europe. Currently, the police have not arrested any suspects.

El Salvador became the first country in the world to adopt Bitcoin as its legal currency in 2021, attracting more tourists, including cryptocurrency enthusiasts, to visit. The report indicates that the tourism industry in El Salvador will experience a growth of 22% in 2024, primarily driven by American tourists who are attracted by the country's rapid development in the field of Bitcoin. Additionally, the decline in crime rates has provided security for the country's tourism industry.

Jinshi data news on July 6th, the recent depreciation of the yen has driven the increase in visiting Japan, and due to the long-term high international gold prices, many foreign tourists take advantage of the tax-free benefits to purchase gold and other jewelry in Japan. According to the person in charge of a jewelry store in Ginza, 70% of the customers who used to come to the store were Japanese consumers, but with the continuous depreciation of the yen since the beginning of this year, the number of foreign customers coming to consume has increased significantly, doubling compared to the same period last year, and sales have also tripled.

Retail sales in Japan rose by 1.7% month-on-month and 3% year-on-year in May. Inflation has contributed to the price pump, but strong wage growth and an influx of foreign tourists have helped stabilize consumption, driving a rebound in the Japanese economy. Consumer spending is the key factor in determining whether Japan's economy can rebound in the second quarter.

The yen's hovering near a 34-year low against the dollar after months of falling falls has heightened concerns that the yen is becoming a burden on the Japanese economy and stock markets. The depreciation of the yen has helped Japan's stock market climb to record highs, as long large Japanese companies are manufacturers, and their overseas revenues in yen terms are rise. Transportation equipment companies, including automakers and electrical machinery companies, account for more than 25% of the TOPIX index. But the depreciation of the yen has pushed up Japan's import costs, leaving domestic consumer spending tepid since the yen began to weaken in 2022. This puts pressure on companies that rely on the domestic market for profitability. Companies including retailers and rail operators have underperformed the broader market, despite a record number of tourists from overseas. Longest Japanese companies will report results in the coming weeks, which could highlight the widening gap between strong and weak companies.

Hong Kong Monetary Authority Deputy Chief Executive Li Dazhi said in a document on March 27 that the Hong Kong Monetary Authority has been working with the Digital Currency Institute of the People's Bank of China to promote the cross-border pilot test of digital yuan in Hong Kong, following the completion of exercises with a number of operating institutions and local banks in Hong Kong earlier this year, it is expected that the pilot scope of digital yuan will be further expanded in Hong Kong. Mr Lee said that more Hong Kong citizens will be able to easily open and use e-RMB wallets and top up their e-RMB wallets through the Faster Payment System (FPS) to facilitate the payment needs of Hong Kong residents living or spending in the Mainland, while mainland tourists can also use e-RMB wallets to spend in Hong Kong, providing payment facilities for the "one-hour living circle" in the Guangdong-Hong Kong-Macao Greater Bay Area.

With the gold price repeatedly hitting record highs, many shop salespeople in Dubai's traditional gold souk, also known as Dubai's 'Golden Street', have reported a sharp drop in gold purchases. The rising price of gold is turning "Golden Street" shopping into a window shopping experience. Most locals just hang out, and most of their spending comes from tourists who are willing to spend more money on vacation. Some shopkeepers said that the price of gold is very high, so people feel that it is okay to buy small items, but if they want to buy large items or buy a few more grams, they prefer to wait for the gold price to cool down before buying. Although the peak tourist season has helped to alleviate the decline in gold shop sales, residents and locals are spending less and less on gold. The most affected were the Golden Brick stores, where employees in three stores said sales had fallen by half.