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South Korea's Ministry of Economy and Finance announced plans to replace the 1950 State Property Act with a new Framework Act on National Assets that expands the definition of state assets to include digital assets and intellectual property, with a pilot to tokenize government bonds on blockchain in 2027. The move signals institutional legitimization of blockchain infrastructure at the sovereign level, a structural positive for real-world asset (RWA) tokenization narratives and Korean digital asset regulation more broadly, though it carries no direct near-term flow into crypto spot markets. Watch for the bill's legislative timeline, the choice of blockchain infrastructure for the KTB pilot, and whether the framework accelerates parallel moves on security token and stablecoin legislation in Korea.
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Original Source: 토큰포스트
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