South Korea plans to incorporate digital assets into the national asset management system, with a pilot for tokenized government bonds in 2027
2026-07-15 11:02
Odaily Planet Daily News: The Ministry of Economy and Finance (MOEF) of South Korea plans to pass the Basic Act on National Assets, updating the national asset management system under the 1950 State Property Act, and explicitly including digital assets and intellectual property in the definition of national assets.
The MOEF also reiterated its plan to tokenize government bonds through blockchain in a 2027 pilot to reduce transaction costs; it will also explore the tokenization of state-owned real estate to facilitate retail participation and share some profits with the public.
The South Korean government announced its economic growth strategy for the second half of 2026 this week, planning to pilot the integration of tokenized government bonds with the central bank digital currency (CBDC) infrastructure in 2027, and to study the interoperability of the Bank of Korea's (BOK) CBDC infrastructure with other blockchains.
On April 16, the MOEF announced that it would use tokenized deposits to execute government operational expenditures, with a full launch planned for the fourth quarter of 2026. Amendments to South Korea's Capital Market Act and Electronic Securities Act will take effect on February 4, 2027, and blockchain ledgers will be legally recognized as valid securities registers.
The MOEF also reiterated its plan to tokenize government bonds through blockchain in a 2027 pilot to reduce transaction costs; it will also explore the tokenization of state-owned real estate to facilitate retail participation and share some profits with the public.
The South Korean government announced its economic growth strategy for the second half of 2026 this week, planning to pilot the integration of tokenized government bonds with the central bank digital currency (CBDC) infrastructure in 2027, and to study the interoperability of the Bank of Korea's (BOK) CBDC infrastructure with other blockchains.
On April 16, the MOEF announced that it would use tokenized deposits to execute government operational expenditures, with a full launch planned for the fourth quarter of 2026. Amendments to South Korea's Capital Market Act and Electronic Securities Act will take effect on February 4, 2027, and blockchain ledgers will be legally recognized as valid securities registers.
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