The Korean Ministry of Finance announced the modernization of the Treasury

according to digital asset, the korean ministry of finance, in its 15th major operational report, announced that the modernization of the management of the national treasury would be promoted through the construction of innovative business models based on block chains. in order to prevent illegal appropriation, the republic of korea plans to introduce for the first time in the world a system for the implementation of public treasury funds in the form of deposit coins (deposit token), while reducing transaction costs, and will promote a pilot project on national debt monetization in 2027. in addition, the korean ministry of finance will reshape the state-owned property management system, with real estate at its core, establish a national asset management system covering intellectual property (ip) and virtual assets (digital assets) and strengthen the development of integrated functions through the enactment of the basic law on national assets。