South Korea Allocates 10.06 Billion Won to Virtual Asset Projects This Year, Exceeding Last Year’s Budget

South Korea's government has allocated 10.06 billion won ($7.2 million) to virtual asset-related projects this year, exceeding the 9.6 billion won ($6.9 million) budgeted for all of last year. According to NS3.AI, the increase reflects broader demand for government tools and systems tied to virtual assets. The report said demand has expanded beyond crime-tracking tools to include tax infrastructure and the management of seized assets.