CoinVoice has recently learned that, according to Coinpedia, Jeju Island, South Korea, announced the launch of an NFT-based travel card project in 2025 to attract millennial and Generation Z tourists. The project will integrate with the local blockchain stablecoin Tamna Jeon, providing tourists with multiple benefits, including travel subsidies, membership rights, and discounts at attractions.
Jeju Governor Woo Ryeong-hun stated that the region is gradually advancing digital transformation, with Web3 as the core technology, planning to apply NFTs to various fields of government services. Although South Korea has strict regulations on ICOs and NFTs, Jeju Island, as a subtropical region with a special legal framework, has been continuously exploring growth driven by cryptocurrency technology since 2018. This NFT travel card project will pilot for domestic tourists in South Korea in the second half of 2025, with travel subsidies issued in local currency.
It was recently reported that Jeju Island, South Korea, plans to establish a digital payment system and intends to use cryptocurrencies such as Bitcoin for payments. [Original link]