South Korea's Finance Ministry Announces Blockchain-Based Government Bond Tokenization Plan, 2027 Pilot Expected

According to an official report on July 15, South Korea's Ministry of Economy and Finance announced plans to advance blockchain-based government bond tokenization. The ministry will launch the first-ever execution of government funds via deposit tokens to prevent irregular payments, and conduct a government bond tokenization pilot project in 2027 to reduce transaction costs. The initiative is part of broader efforts to modernize national treasury management through blockchain innovation.
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