Institutional Infrastructure in Action

This week, Korea’s digital asset market transitioned from regulatory debate to commercial execution. Government agencies officially launched tenders for private custody, and BDACS moved into the center of global attention at the ETHCapital Summit, while simultaneously initiating a standard model for stablecoin payments with a leading local tech firm.

I. Stablecoin Payments: Development of a Commercial Standard

BDACS infrastructure is being integrated into a massive-scale commercial ecosystem.

• BDACS partnered with a leading Korean tech and gaming giant to co-develop a commercially viable stablecoin payment standard. BDACS will provide its VASP and SOC 1 Type 2 certified custody infrastructure as the backend, integrating compliance-ready MMF tokens to ensure reliability for large-scale IT networks.

▶ Source: Official Press Release

II. ETHCapital Summit: BDACS Highlighted by Global Leaders

BDACS presented its vision for future financial infrastructure at the ETHCapital Summit, attended by Circle, Galaxy Digital, and other global industry leaders.

• Terry Kim Co-Founder & CSO took the stage to define stablecoins as the critical backend infrastructure for future finance, such as STOs, and the ultimate gateway for global liquidity. This vision was publicly validated during the panel discussion by John Cahill, COO of Galaxy Digital APAC, who explicitly cited BDACS as Korea’s premier institutional custodian and emphasized their ongoing partnership.

▶ Sources: ETHGas (YouTube) | Straight News | Token Post (1) | Token Post (2) | Etoday

I. Public Custody: Government Tenders Officially Launched

State authorities have moved from policy-making to actual asset deployment.

• Government agencies officially announced the tender for the ‘Seized Virtual Asset Professional Custody’ program. This marks the concrete beginning of moving state-held crypto assets from localized storage to specialized private custodians.

▶ Source: Decenter

II. Regulation: Central Bank Greenlights Stablecoin Coexistence

A major regulatory milestone has been reached at the central bank level.

• The Bank of Korea Governor nominee officially stated during his confirmation hearing that CBDCs and Stablecoins can “coexist.” This unprecedented stance is expected to significantly accelerate the pending Digital Asset Basic Act.

▶ Source: Korea Economic Daily | Token Post