South Korea's Jeju Island plans to become a cashless city, intending to use Bitcoin and other cryptocurrencies for payment
According to a report by the Daily Economic News, South Korea's Jeju Special Self-Governing Province has announced its "Jeju Artificial Intelligence and Digital Transformation Roadmap", aiming to transform the island into a cashless international city through digital innovation. The plan includes establishing a convenient digital payment system that is compatible with the payment methods of neighboring countries such as China and Japan. In addition, Jeju Island also plans to introduce a system that will convert virtual assets like Bitcoin into local currency for local transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan's Nikkei rises as tech stocks rally ahead of Warsh speech
Goldman Sachs: Gulf oil exports have significantly rebounded from the March low, but are only about two-thirds of pre-war levels.
The total oil exports from the Gulf region have recovered to approximately 15 to 16 million barrels per day, marking a significant rebound from the lows experienced during the conflict, although exports remain well below pre-war levels.
Toyota (TM.US) to enter the market with dual technology pathways featuring AI + "guardrails"; plans to mass-produce passenger cars equipped with advanced driver assistance systems starting in 2028
According to reports, Toyota Motor (TM.US) plans to introduce an advanced driver assistance system in passenger vehicles by 2028. The system is positioned as Level 2++, aiming to significantly reduce the need for driver intervention.
Crypto prices
More
