According to CoinPost, the South Korean government has released a "Korean Won Internationalization Roadmap," aiming to coordinate the establishment of the "Basic Act on Digital Assets" and improve the legal framework for the issuance, circulation, and cross-border capital flow of Korean Won-denominated stablecoins. The Bank of Korea will also promote a pilot project for tokenizing government bonds linked to institutional CBDCs and enhance the digital cross-border settlement system by participating in the Bank for International Settlements' Project Agora.