Blockchain Enters Government Finance

[kevin1]

The most transformative element of the strategy may be the government’s embrace of blockchain for public spending. By 2030, South Korea plans for 25% of national treasury disbursements to be executed using digital deposit tokens, starting with a pilot program for electric vehicle charging subsidies in 2026.

This system would allow real-time tracking of how funds are used, sharply reducing fraud and administrative costs. With amendments planned to the Bank of Korea Act and National Treasury Act, analysts see this as a turning point — the moment Korea formally recognizes digital assets not as speculation, but as core financial infrastructure.

[etfs]

this feels like crypto growing up instead of just getting banned again