Crypto Payments Are Going Mainstream: Can Tourists Turn Into Daily Users In South Korea?

Centralized exchange Crypto.com has partnered with KG Inicis, South Korea’s largest payment gateway and value added network (VAN) provider, to offer crypto payment options to foreign visitors in Korea. Related Reading: Crypto-Linked Crime Jumps In Basque Country — But What Does It Mean For Traders? A New Korean Alliance Crypto.com announced today that this partnership with KG Inicis aims to “scale the digital asset payments ecosystem by enabling digital asset payments for foreign travelers”. This will be achieved by the creation of Crypto.com Pay, an app that will allow said travelers to spend digital assets on everyday goods and services at Korean merchants and K‑commerce platforms plugged into KG Inicis. https://t.co/vCNztATkNg is partnering with KG Inicis, the lar...