Svmuu News: South Korea’s Ministry of Economy and Finance (MOEF) plans to enact the “Framework Act on State Assets” to update the state asset management system established under the 1950 “State Property Act” and explicitly include digital assets and intellectual property in the definition of state assets.
The MOEF also reiterated its plan to pilot the tokenization of government bonds using blockchain technology in 2027 to reduce transaction costs; at the same time, it will explore the tokenization of state-owned real estate to encourage 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, outlining plans to pilot the integration of tokenized government bonds into the central bank’s digital currency (CBDC) infrastructure in 2027 and to study the interoperability of the Bank of Korea’s (BOK) CBDC infrastructure with other blockchain platforms.
On April 16, the Ministry of Environment and Energy (MOEF) announced that it would use tokenized deposits to execute government operational expenditures, with plans for a full-scale rollout in the fourth quarter of 2026. Relevant amendments to South Korea’s “Capital Markets Act” and “Electronic Securities Act” will take effect on February 4, 2027, at which point blockchain ledgers will be legally recognized as valid securities registries.