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Crypto World Network, April 16 — According to Newsis, the South Korean government plans to launch a pilot program to switch government departments’ official execution fees from credit card payments to blockchain-based deposit token payments. The project has been selected as part of the 2026 annual planning regulatory sandbox project led by the head of the State Adjustment Office: “Blockchain Digital Currency-Based Treasury Payment Execution Pilot Project.”
This is the Ministry of Finance’s second attempt to apply blockchain technology to treasury fund disbursements. Previously, last month it launched a pilot for deposit token subsidy payments to electric vehicle charging station installation companies. The current “Treasury Funds Management Act” stipulates that official execution fees must be paid through government purchase cards (credit/debit cards), and there are restrictions on the use of deposit tokens; this regulatory sandbox provides a foundation for verification.