Woofun AI reports that South Korea’s Ministry of Finance and Economy is advocating for the "National Assets Basic Law" to incorporate virtual assets into regulatory frameworks. The ministry contends that the 1950 "State Property Act" is limited to real estate, failing to address high-value assets like intellectual property and digital tokens. The departmental work report submitted to the Blue House on the 15th also mandates switching state asset surveys from biennial to annual cycles.

Furthermore, the plan includes promoting securitization of state-owned real estate (STO) to share revenues, introducing an overseas won settlement system in January next year to enhance currency convertibility, and utilizing blockchain-based deposit tokens for government fund disbursements.