South Korea plans to pilot blockchain-based payments for government expenses under a regulatory sandbox. The initiative aims to improve transparency, reduce misuse, and lower costs through tokenised deposits. The move is part of the country’s broader strategy to expand digital asset adoption in public finance.South Korea plans to pilot blockchain-based payments for government expenses under a regulatory sandbox. The initiative aims to improve transparency, reduce misuse, and lower costs through tokenised deposits. The move is part of the country’s broader strategy to expand digital asset adoption in public finance.
