South Korea plans to incorporate digital assets into its national asset management system, piloting 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 National Assets Act, 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 pilot project in 2027 to reduce transaction costs; simultaneously, it will explore the tokenization of state-owned real estate to facilitate retail investor participation and share a portion of the proceeds 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 into the central bank digital currency (CBDC) infrastructure in 2027, and research the interoperability of the Bank of Korea's (BOK) CBDC infrastructure with other blockchains.
The MOEF previously announced on April 16 that it would use tokenized deposits for government operational expenditures, with a full rollout planned for the fourth quarter of 2026. Related amendments to South Korea's Capital Market Act and Electronic Securities Act will take effect on February 4, 2027, legally recognizing blockchain ledgers as valid securities registers.
The MOEF also reiterated its plan to tokenize government bonds through blockchain in a pilot project in 2027 to reduce transaction costs; simultaneously, it will explore the tokenization of state-owned real estate to facilitate retail investor participation and share a portion of the proceeds 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 into the central bank digital currency (CBDC) infrastructure in 2027, and research the interoperability of the Bank of Korea's (BOK) CBDC infrastructure with other blockchains.
The MOEF previously announced on April 16 that it would use tokenized deposits for government operational expenditures, with a full rollout planned for the fourth quarter of 2026. Related amendments to South Korea's Capital Market Act and Electronic Securities Act will take effect on February 4, 2027, legally recognizing blockchain ledgers as valid securities registers.
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