Deep Tide TechFlow News, April 16, According to CoinDesk, South Korea's Ministry of Economy and Finance announced that a blockchain deposit token pilot will be launched in Sejong City in Q4 2026, to replace traditional government procurement card payments. The project has been approved for the 2026 Regulatory Sandbox program, allowing institutions to pay business promotion expenses in the form of tokenized deposits. Token payments can have preset spending limits and applicable industry ranges, helping to reduce manual auditing requirements and lowering transaction fees for small businesses by removing intermediary links such as bank card networks. This is the second application of deposit tokens in fiscal operations, following an initial pilot in an electric vehicle charging infrastructure subsidy project. If the pilot proves effective, the South Korean Ministry of Finance plans to further promote the program.

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