Chairman of South Korea's Financial Services Commission supports tokenized securities trading
2026-10-23 11:13:29
According to CoinMeta, as reported by edaily, Kim Dong-wook, the chairman of the Financial Services Commission of South Korea, stated during a comprehensive audit at the National Assembly's Government Affairs Committee on October 22 that he agrees with the proposal to utilize digital asset exchange technology and infrastructure for tokenized securities trading. He mentioned that research will be conducted taking into account market conditions, investor protection, licensing categories, and concurrent business arrangements. The amendments to the "Electronic Securities Act" and "Capital Market Act" aimed at institutionalizing tokenized securities in South Korea will come into effect on February 4, 2027. The industry has also proposed establishing a comprehensive exchange that can trade crypto assets, tokenized securities, RWA, and stablecoins, while maintaining the corresponding investor protection and information disclosure requirements for each type of asset.
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Source:Internet
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