South Korea to Introduce Blockchain-Based Tokens for Public Expenditure in Q4
In a bid to modernize public fund management, South Korea's Ministry of Economy and Finance is set to launch a pilot program in the fourth quarter, utilizing blockchain-based deposit tokens for government expenditure.
The initiative, approved under the 2026 regulatory sandbox program, aims to replace traditional government purchasing cards with tokenized deposits for business promotion expenses…
April 16, 2026, 9:37 a.m.