TechFlow News, April 16: According to a report by Newsis, South Korea’s Ministry of Economy and Finance announced on April 16 that the pilot project titled “Blockchain-Based Digital Currency for Treasury Fund Disbursement” has been selected as one of the 2026 targeted regulatory sandbox initiatives. Under this pilot, government departments’ operational expenses—currently disbursed via government procurement cards—will instead be issued and paid using blockchain-based deposit tokens.
The South Korean government stated that this initiative is expected to enhance fund usage transparency by predefining timeframes and eligible sectors for spending, and to reduce transaction fees for small merchants through a disintermediated payment structure. The pilot is scheduled to officially launch in Q4 of this year, initially in Sejong City, with gradual expansion to other regions thereafter.
