8,000 South Korean stores will accept cryptocurrencies
how writes edition Korea Times, during the first half of the current of the year partners plan to expand their initiative to 6,000 and by the end of the year to 8,000 trade points. More addition to participate in this the initiative was signed already 200 brands; it will allow cryptocurrency owners to use the Pay platform to make cryptocurrency payments.
About two weeks ago, it became known that the South Korean Internet giant Kakao Corp, whose subsidiary company operates a large crypto exchange UpBit, gave possibility realize cryptocurrency payments 12 000 sellers and millions users all of their platforms, including but not limited to KakaoTalk, KakaoPay, KakaoStory, and KakaoTaxi.
Previously similar initiatives were adopted in Japan, where some retailers have begun to accept cryptocurrencies such as Bitcoin. Besides Togo, in Australia thanks to a similar partnership between local crypto-exchange and payment service 1,200 newsstands received possibility sell his buyers bitcoin and Ethereum.