South Korea Proposes Expanding Tokenized Securities to Include Stocks and Bonds
South Korea's Financial Services Commission has released draft amendments to regulations that would expand the scope of tokenized securities to include traditional assets such as stocks, bonds, and funds. The amendments to the Electronic Securities Act and the Capital Markets Act are set to take effect on February 4, 2027. The proposal introduces a 100 million KRW annual net purchase limit for retail investors on over-the-counter tokenized securities platforms and sets capital and staffing requirements for issuers acting as account management institutions. Public comments are open from October 2 to November 11.
Summaries are written by AI from the original article. Not investment advice.