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South Korea to Pilot Blockchain Deposit Tokens for State Spending
The South Korean government has announced a strategic shift toward digital finance by launching a pilot project to replace traditional credit card-based department expenditures with blockchain-based deposit tokens. This…
South Korean Lawmakers to Launch Digital Asset Basic Law Talks
The Democratic Party of Korea has announced a definitive timeline for the formal legislative discussion regarding the Basic Law for Digital Assets. Lee Jung-moon, chairman of the party's special working group on digital…
South Korea to Include Crypto Assets in Basic Pension Eligibility Reviews
The South Korean Board of Audit and Inspection (BAI) has officially recommended the inclusion of cryptocurrency holdings in the calculation of property for basic pension eligibility. According to the "Report on the Inve…
BOK Nominee Shin Hyun-song Outlines Vision for CBDC and Deposit Tokens
Shin Hyun-song, the nominee for the governorship of the Bank of Korea (BOK), has articulated a strategic vision for the nation's digital financial future, positioning Central Bank Digital Currencies (CBDCs) and bank-iss…