📍South Korea rewrites its national asset law after 76 years—crypto is recognized as an asset

The South Korean Ministry of Economy and Finance has announced the National Asset Basic Act, replacing the 1950 National Asset Act. From here, crypto + intellectual property will officially be included in the state asset category valued at about ~$940B.
South Korea will also pilot tokenized government bonds in 2027, connecting with the BOK’s CBDC. The Digital Asset Basic Act in the second half of 2026 will start with won stablecoins + pave the way for spot BTC ETFs.
On the same day, Japan passes the FIEA: Crypto becomes a financial product, cutting taxes from 55% to 20% (from 2028).
Even though it’s not the case that South Korea will buy BTC as a reserve asset like the rumors claim—but once crypto is written into national asset law alongside land, the narrative has shifted from “risk control” to “asset management.”