South Korea's Digital Asset Basic Act faces potential delay to H1 2027

According to a report by MK on September 13, South Korean lawmaker Min Byung-duk (민병덕) stated that while the Digital Asset Basic Act is slated for development this year, with public hearings scheduled for this month and legislative review beginning in November, the timeline may be pushed to the first half of next year due to parliamentary audits and budget reviews. Meanwhile, the Financial Services Commission has released a roadmap for Security Token Offerings (STO), and financial institutions are advancing tokenization system tests and global infrastructure collaborations.