{"id":584383,"date":"2026-04-16T09:52:46","date_gmt":"2026-04-16T09:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/16\/south-korea-to-pilot-tokenized-deposits-for-government-spending\/"},"modified":"2026-04-16T09:52:46","modified_gmt":"2026-04-16T09:52:46","slug":"south-korea-to-pilot-tokenized-deposits-for-government-spending","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/16\/south-korea-to-pilot-tokenized-deposits-for-government-spending\/","title":{"rendered":"South Korea to pilot tokenized deposits for government spending"},"content":{"rendered":"

\"South<\/p>\n

The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.<\/p>\n

South Korea\u2019s Ministry of Economy and Finance (MOEF) is preparing to test blockchain-based payments for certain government expenses under a regulatory sandbox exploring distributed ledger technology (DLT)-based financial infrastructure.<\/p>\n

The ministry said<\/a> on Thursday that it selected a pilot project that will use tokenized deposits to execute government operational spending, with a full rollout targeting the fourth quarter of 2026. The program will initially launch in Sejong City and will test predefined spending conditions, including limits on timing and usage categories.\u00a0<\/p>\n

Tokenized deposits are digital representations of traditional bank deposits<\/a> on blockchain or other DLT infrastructure. Unlike many stablecoins, they remain bank liabilities and are designed to operate within the existing financial system.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments. South Korea\u2019s Ministry of Economy and Finance (MOEF) is preparing to test blockchain-based payments for certain government expenses under a regulatory sandbox exploring distributed ledger technology (DLT)-based financial infrastructure. The ministry said on Thursday that it selected a […]<\/p>\n","protected":false},"author":1,"featured_media":584384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-584383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=584383"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/584383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/584384"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=584383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=584383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=584383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}