South Korea to test blockchain deposit tokens for government spending in Q4

South Korea to test blockchain deposit tokens for government spending in Q4

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailSouth Korea to test blockchain deposit tokens for government spending in Q4Token-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing intermediaries.By Francisco Rodrigues, AI Boost|Edited by Sheldon Reback Apr 16, 2026, 9:37 a.m. Make preferred on Seoul, South Korea. (Fukuro 0wl/Unsplash)What to know: South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter, replacing traditional purchasing cards.Token-based payments can be programmed with spending limits and with restrictions on how they can be spent, reducing audits and lowering transaction fees by removing intermedia

Source: https://www.coindesk.com/policy/2026/04/16/south-korea-to-test-blockchain-deposit-tokens-for-government-spending-in-q4