Global Integration & Institutional Reality

This week, BDACS expanded its KRW1 ecosystem globally via Aptos while Korea’s institutional market reached a new milestone with the National Tax Service initiating its first private custody pilot. These developments, coupled with emerging regulatory consensus on KRW stablecoins, signal a decisive shift toward the practical execution of institutional digital finance in Korea.

1. Infrastructure Expansion & Corporate Adoption

• Aptos Partnership: BDACS signed an MOU with the Aptos Foundation to establish an on-chain commerce environment, marking the first integration of ‘KRW1’ into a high-performance non-EVM network to drive global settlements.
• CEO Interview: Harry Ryoo clarified that corporate digital asset management is already a legal reality in Korea. He highlighted BDACS’s evolution into a comprehensive Prime Custody provider, delivering the ‘Velocity of Value’ required for institutional operations.

▶ Sources: Press Release | Korea Economic TV (KR/EN)

2. Public Custody & Stablecoin Consensus

• Public Custody (NTS): The National Tax Service officially initiated its first private custody pilot program for seized assets. BDACS has successfully completed its proposal submission, securing a critical benchmark for future state-level projects.
• Stablecoin Regulation: DAXA and the Korea Institute of Finance (KIF) released studies supporting KRW stablecoins as a “digital breakwater” against capital flight, while recommending fintech issuance to balance innovation and financial stability.

▶ Sources: News1 | Token Post | Edaily | Kyunghyang Games