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South Korea advances crypto access for 3,500 companies

South Korea advances crypto access for 3,500 companies

South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token trials involving nine banks.

Summary

  • About 3,500 listed companies and professional investors are eligible for South Korea’s corporate crypto pilot.
  • Tokenized-securities laws were passed in January and will take effect in February 2027.
  • Project Hangang Phase II has expanded deposit-token testing from seven banks to nine.
  • Deposit tokens will support government payments, AI-agent transactions and tokenized-asset settlement.

FACTBLOCK CEO and Korea Blockchain Week organizer Andrew Park said

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