South Korea’s Ministry of Economy announced plans to include digital assets and intellectual property under the country’s new state-asset management framework to modernize state asset management.

Plans include the enactment of the Digital Asset Basic Act and advancement of a CBDC project linked to the tokenization of government bonds.

The Ministry of Finance and Economy said it will establish the 'National Asset Basic Act' to update the government's asset management system.

South Korea's Digital Asset Basic Act would regulate crypto issuance, trading, and custody while enabling spot Bitcoin ETFs and tokenized government bonds.

South Korea’s Ministry of Economy announced plans to include digital assets and intellectual property under the country’s new state-asset management framework to modernize state…

From tokenized public spending trials to government bond pilots, the state is aggressively pushing public finance onto distributed ledgers.