Tourists can now withdraw cash with USDT via Kaia ATMs in South Korea

Stablecoin ATMs have been introduced in South Korea, allowing foreign tourists to convert USDT into cash. The initiative is regulated under a sandbox model, ensuring compliance while providing foreign visitors with an easy way to access local currencies.

Ongoing legislative discussions regarding stablecoin regulations are happening in South Korea, reflecting a growing interest in integrating digital asset payments. Local residents remain excluded from this service due to the current regulatory framework.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts