The Coin Detective
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South Korea’s NH NongHyup Bank Pilots Stablecoin-Based VAT Refunds for Tourists

By https://coinpedia.org/ on November 13, 2025

The post South Korea’s NH NongHyup Bank Pilots Stablecoin-Based VAT Refunds for Tourists appeared first on Coinpedia Fintech News South Korea’s NH NongHyup Bank has launched a proof-of-concept (PoC) project to test stablecoin-driven value-added tax (VAT) refunds for tourists visiting the country. This initiative is part of the bank’s broader mission to modernize South Korea’s financial and tourism systems using blockchain technology. Collaborative Digital Pilot with Leading Tech Partners The PoC is conducted in …

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