TechFlow News, July 16, according to Cointelegraph, South Korea's Ministry of Economy and Finance announced plans to incorporate digital assets and intellectual property into a new national asset management framework to replace the "State Property Act" promulgated in 1950. The new framework aims to promote the modernization of state-owned asset management, shifting from a traditional real estate-oriented model to a value creation model.
According to the plan, South Korea will launch a government bond blockchain tokenization pilot in 2027 and explore state-owned real estate tokenization to facilitate public participation. Additionally, projects using tokenized deposits for government operational expenditures are planned to be fully implemented in the fourth quarter of 2026, and relevant revisions to securities regulations will officially take effect on February 4, 2027.
