Korean Province to Replace Local Currencies With Crypto

An eastern South Korean province plans to issue its own cryptocurrency to replace the local currencies of its nine cities, according to local media. An exchange will be established for the new crypto. The coins can be used for payments within the province and merchants can accept them using smartphone QR codes. Also read: Yahoo! Japan … Read more

Korean Crypto Exchange Launching Social Media P2P Payment System

South Korean cryptocurrency exchange Bithumb is launching a P2P payment platform for social media including social networking sites and blogs. The exchange is also preparing to sell 12,500 kinds of mobile vouchers from 600 brands. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Social Media Crypto Payment System The second largest crypto … Read more

Bithumb Launching New Service to Allow Crypto Payments at 6000+ Physical Stores

One of South Korea’s largest cryptocurrency exchanges, Bithumb, is launching a new service aimed at allowing customers to pay with cryptocurrencies at over 6,000 physical stores nationwide. The exchange also recently expanded its offline support and in-person consultation service in addition to growing the online crypto payment ecosystem. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more