Korea's NongHyup Bank is set to leverage blockchain technology to streamline the tax refund process for tourists, aiming for instant settlement and currency exchange. The bank plans to develop stablecoin payment and refund services in line with forthcoming guidelines from financial regulators.
Korea's NongHyup Bank to Enhance Tourist Tax Refunds with Blockchain
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
