News Explorer — South Korea's Ministry of Economy and Finance to Test Blockchain Deposit Tokens

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Apr 16, 9:37 am

Coindesk

South Korea's Ministry of Economy and Finance to Test Blockchain Deposit Tokens

South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter to modernize public fund management. The pilot, approved under a 2026 regulatory sandbox program, aims to improve oversight and reduce transaction fees for small businesses.

South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter to modernize public fund management. The pilot, approved under a 2026 regulatory sandbox program, aims to improve oversight and reduce transaction fees for small businesses.

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