In Brief
- South Korea will enact the National Asset Basic Act, recognizing crypto as part of state assets.
- The reform replaces the State Property Act of 1950 and covers 1,400 trillion won in holdings.
- Seoul also advances stablecoin rules, spot crypto ETFs, and a tokenized bond pilot set for 2027.
South Korea plans to include crypto under a new National Asset Basic Act, a sweeping law that will modernize how the state manages roughly 1,400 trillion won in assets.
The reform, the first in 76 years, treats digital assets as long-term national wealth rather than a risk.
The National Asset Basic Act Redefines State Wealth
The National Asset Basic Act is a proposed South Korean law that expands the definition of state assets to include…
