[South Korea to Pilot Blockchain Deposit Token for Government Expenditure Payments] According to Newsis, South Korea's Ministry of Economy and Finance announced on April 16 that the 'Pilot Project for Using Blockchain-Based Digital Currency in Treasury Fund Execution' has been selected as a 2026 targeted regulatory sandbox initiative. The pilot program will replace the current government procurement card with blockchain-based deposit token payments for advancing government department operations expenses. It is expected to launch in Sejong City in the fourth quarter of this year, with plans to gradually expand its scope of application. The South Korean government stated that this move could enhance transparency in fund usage and reduce transaction fees for small merchants.