Crypto.com has partnered with South Korean payment gateway KG Inicis to roll out crypto payment options for foreign visitors across the country. KG Inicis, which handles hundreds of millions of transactions annually and serves about 190,000 affiliated merchants, will support deployment of Crypto.com Pay across its merchant network, where it holds roughly 40% market share. According to Crypto.com president and COO Eric Anziani, ‘KG Inicis boasts an unrivalled merchant acceptance network with 40% market share and we’re proud to partner with this fintech powerhouse to make digital asset payments easier for travellers to Korea.’ The integration allows international travelers to pay with digital assets at physical stores and online platforms connected to KG Inicis, while merchants can choose to receive payments instantly in either fiat currency or digital assets. Crypto.com and KG Inicis said they are exploring broader cooperation beyond payments, including joint marketing and new product development, subject to regulatory approval. A KG Inicis representative added that the collaboration aims to ‘expand an infrastructure where digital assets can be utilised in actual economic activities, all while ensuring a solid legal and regulatory foundation.’ The announcement comes as Crypto.com expands regulated services: in February it received conditional approval for a U.S. national bank charter and earlier secured ISO certification for AI systems management. Other countries have moved similarly — in May 2025 Bhutan launched a tourism crypto payment system with Binance Pay and DK Bank, and in August Thailand announced an 18-month TouristDigiPay program to let tourists convert crypto into baht for spending. Readers are encouraged to verify details independently.
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