South Korea to Allocate 25% of State Budget to Crypto by 2030
South Korea’s government has announced an intention to channel 25% of its $499.2 billion (₩728 trillion) state budget into digital assets by 2030, amounting to about $124.8 billion (roughly ₩182 trillion) over the decade. Officials describe the plan as a coordinated push to build blockchain infrastructure, support tokenization projects and foster public-private partnerships rather than one-off grants.
The proposal could fast-track growth for exchanges, regulated token offerings and domestic blockchain firms and is likely to draw international attention and capital. It also raises questions around oversight, market stability and the mechanics of deploying large-scale public crypto investment. Clear regulatory frameworks and risk management will be needed to prevent overheating or crowding out private investment, but the announcement makes South Korea a jurisdiction to watch for serious state-backed crypto adoption.