South Korea plans to incorporate digital assets into the national asset management system, and pilot token treasury bond bonds in 2027

The South Korean Ministry of Planning and Finance (MOEF) plans to update the national asset management system to include digital assets and intellectual property in the definition of national assets. MOEF plans to pilot tokenization of government bonds and state-owned real estate by 2027, and study the interoperability of the Bank of Korea's (BOK) CBDC infrastructure with other blockchains. MOEF announced on April 16th that it will use tokenized deposits to execute government operating expenses, with plans to fully launch in the fourth quarter of 2026. The relevant revisions to South Korea's Capital Market Act and Electronic Securities Act will come into effect on February 4, 2027, and blockchain ledgers will be legally recognized as valid securities registers.