South Korea to classify crypto as national assets under revised 76-year-old law

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South Korea is planning to amend a law that has been in place for 76 years in order to formally classify cryptocurrencies as national assets. The move signals a significant shift in how the government legally recognizes and treats digital assets. Alongside this legislative change, authorities have reaffirmed plans to pilot tokenized government bonds in the coming year. The government is also exploring the possibility of tokenizing state-owned real estate as part of its broader digital asset strategy.

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