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This Theme Park Claims ‘It’s First to Accept Crypto Pay’

Adoption

Bitcoin

Cryptocurrency Entertainment Payment

South Korea

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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Last updated:

June 26, 2023

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A South Korean theme park claims it has become the first business of its kind in the world to accept on-the-door payment in cryptocurrency.

Chungju Light World, which claims to be the world’s largest permanent light theme park, has stated it will begin accepting Bitcoin for ticket purchases at its ticket offices. The business said that it had “built a system” that will allow for crypto pay – and that it will start accepting other cryptocurrencies in the near future.

Media outlet Gukjenews quotes a theme park spokesperson as saying, “We are aiming to meet the needs of our customers as best we can, and – as interest in cryptocurrencies increase – we are moving with the times.”

The theme park is located in the city of Chungju, some 105km from Seoul. The city itself is a favorite among tourists, including Chinese travelers. Chungju Light World claims overseas visitors could be among those most likely to favor Bitcoin payment.

The theme park says it will initially accept Bitcoin pay for ticket purchases only, but is hoping to roll out a wider network in the months ahead, with commercial outlets in the park also set to accept Bitcoin pay.

Per a press release, Chungju Light World is now recognized by Coinmap, a map of Bitcoin accepting venues, and is the first theme park in the world to be featured on the site. Earlier this year, the park announced that its food and beverage outlets would begin accepting payment in a local token, CrossCoin (CRC).

Crypto pay developments are coming thick and fast in South Korea this year. A number of beauticians and courier services across the country have begun accepting crypto pay in 2018.

Several Seoul-based hospitals and plastic surgery clinics also accept payment in Bitcoin and altcoins. And earlier this year, food delivery service Shuttle began accepting Bitcoin Cash, after last year launching a Bitcoin pay platform.
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Bitcoin accepting venues, featured on Coinmap: