South Korea · Blue Origin · White House · Cointelegraph
South Korea to bring digital assets under new state asset management system
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South Korea’s Economy Ministry plans to include digital assets and intellectual property under the country’s new state-asset management framework.
Key facts
- On Tuesday, South Korea’s government unveiled its 2026 Economic Growth Strategy for the Second Half, which includes plans to conduct a 2027 pilot linking tokenized government bonds to its central
- On April 16, South Korea’s MOEF announced a pilot project that will use tokenized deposits to execute government operational spending, with a full rollout set for the fourth quarter of 2026
- Changes to South Korea Capital Markets Act and Electronic Securities Act, the country’s first tokenized securities framework, are scheduled to take full effect on Feb. 4, 2027
- South Korea plans to adopt the National Asset Basic Act to update the country’s state asset management system from the outdated State Property Act of 1950
Summary
South Korea plans to adopt the National Asset Basic Act to update the country’s state asset management system from the outdated State Property Act of 1950. The Ministry of Economy and Finance (MOEF) hopes to modernize the management of national assets and explicitly includes digital assets and intellectual property, broadening the definition of state assets, the MOEF announced during a briefing at the President’s Blue House on Wednesday. As part of the reform, the ministry also reiterated plans to tokenize government bonds on a blockchain to reduce transaction, as part of a 2027 pilot project. The move represents a significant regulatory development for South Korea, which has one of the world’s most active retail crypto markets.