Digital Asset reported that the South Korean Ministry of Economy and Finance announced in its main business briefing held on the 15th that it will promote the modernization of treasury management by building a blockchain-based operating innovation model. To prevent illegal receipt, South Korea plans to introduce for the first time globally a system to execute treasury funds in the form of Deposit Tokens; meanwhile, to reduce transaction costs, it will advance a government bond tokenization pilot program within 2027. In addition, the Ministry of Economy and Finance will reshape the state-owned asset management system centered on real estate, establish a national asset management system covering intellectual property (IP) and virtual assets (digital assets), and strengthen the role of development coordination by drafting the “National Basic Law on State Assets.”

TOKEN-4.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned