Tourists in South Korea Can Now Spend Crypto Seamlessly
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The new integration allows international visitors to use crypto for payments at both online platforms and physical stores across South Korea.
Merchants using Crypto.com Pay can choose to receive payments instantly in either fiat currency or digital assets.
The move builds on regulatory efforts to accommodate foreign users, including new sandbox programs approved by the Financial Services Commission that increase prepaid spending limits for tourists.
Beyond payments, Crypto.com and KG Inicis are also exploring future collaborations in marketing and product development, pending regulatory approval.