South Korea's audit agency has called for including cryptocurrencies in pension reviews.

South Korea to Include Digital Assets in Basic Pension Asset Calculations

South Korea's audit agency has called for digital assets to be included in property calculations for basic pension reviews. A report from the Board of Audit and Inspection requested that the Minister of Health and Welfare revise relevant laws.

The agency noted that digital assets have clear economic value, but current basic pension laws don't include them in the definition of property. That means people holding significant digital assets could still qualify for basic pension benefits. The audit office argued that digital assets should be treated as property with clear economic value—even if their form differs from traditional financial assets, the value itself is no different. The Ministry of Health and Welfare agreed, saying it's necessary to prevent relatively high-income earners outside the bottom 70% of the non-working population from receiving basic pensions. The ministry also consented to including digital assets in the property calculation.