The government also confirmed intentions to pilot tokenized government bonds next year and investigate tokenizing state-owned real estate.
By Olivier Acuna|Edited by Sheldon Reback Jul 15, 2026, 2:35 p.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on South Korea is set to update its national assets legislation to encompass cryptocurrencies. (Yu Kato/Unsplash)SummaryShow- South Korea intends to amend its 1950 National Property Act to categorize virtual currencies and intellectual property as national assets, while also updating the management of state-owned properties.
- The government plans to pilot tokenized government bonds in 2027, explore tokenizing state-owned real estate for retail investors, and connect these efforts with the Bank of Korea’s central bank digital currency system.
- Legal changes slated to take effect on February 4, 2027, will formally recognize blockchain-based ledgers as security registries under the Capital Markets Act and the Electronic Act.
According to the Ministry of Economy and Finance's economic policy roadmap released on Wednesday, South Korea aims to revise its 76-year-old national asset management framework to officially recognize virtual currencies and intellectual property as national assets.
This initiative involves updating the National Property Act from 1950 and aims to establish a comprehensive legal structure for managing government assets. The ministry has reiterated its commitment to launching a pilot program for tokenized government bonds in 2027, highlighting the potential of blockchain technology to lower transaction costs and expedite transfers.
Additionally, officials are investigating the tokenization of state-owned real estate to enable retail investors to participate and benefit from investment returns, as outlined in the proposal.
This announcement is part of South Korea's broader strategy to integrate blockchain technology into public finance. Earlier this year, the Finance Ministry stated that it would begin testing tokenized deposits for government expenditures in the fourth quarter. The Bank of Korea has already initiated trials of its central bank digital currency (CBDC) in collaboration with commercial banks.
The government intends to link the tokenized government bonds to the Bank of Korea’s CBDC infrastructure during the 2027 pilot and will evaluate the interoperability between the central bank’s blockchain network and other distributed ledger technologies.
Changes to the Capital Markets Act and the Electronic Act are expected to come into force on February 4, 2027, giving legal status to blockchain ledger systems as security registries.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
By CoinDesk ResearchJul 13, 2026CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
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