South Korea's Ministry of Economy and Finance to Test Blockchain Deposit Tokens
Published on April 16, 2026.
South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter to modernize public fund management. The pilot, approved under a 2026 regulatory sandbox program, aims to improve oversight and reduce transaction fees for small businesses. The UK is set to implement comprehensive crypto regulation by October 2027. A survey reveals that nearly 80% of institutional investors plan to allocate 2-5% of assets into cryptocurrencies. The Ministry of Economics and Finance has increased security measures at Paris Blockchain Week due to a surge in violent crypto-related robberies in France. The Sentinel Action Fund, supported by the Solana Policy Institute, plans to spend $8 million on Ohio Senate race. The Fellowship PAC, backed by $11 million, has spent $3 million on political ads through a company co-founded by Tether US.
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