The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.
- South Korea plans to revise its 1950 National Property Act to classify virtual currencies and intellectual property as national assets and modernize management of state-owned property.
- The government will pilot tokenized government bonds in 2027, explore tokenizing state-owned real estate for retail investors, and link these systems to the Bank of Korea’s central bank digital currency infrastructure.
- Legal amendments taking effect Feb. 4, 2027, will give blockchain-based ledgers formal recognition as security registries under the Capital Markets Act and the Electronic Act.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
President Trump expected to meet with senators to work on ethics concerns in crypto bill
Japan reclassifies crypto as a financial asset, paves way for tax cuts
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