South Korea's Financial Services Commission will release detailed rules for tokenized securities in July, proposing to allow the issuance of multi-asset bundles.

PANews reported on May 15th that, according to Money Today, South Korea's Financial Services Commission (FSC) will release detailed rules for tokenized securities in July, preparing for implementation in February next year. The country's financial authorities will allow the issuance of fragmented investment securities by packaging multiple underlying assets, and will develop a roadmap for the tokenization of traditional securities such as stocks and bonds. The FSC stated that while previously prohibiting the issuance of fragmented securities by packaging underlying assets, it now intends to allow such packaging within certain limits. The FSC emphasized that market order and investor protection are fundamental prerequisites, but will not prioritize regulation. The annual investment limit for fragmented investment securities issuance platforms will be 10 million to 20 million won, with crowdfunding capped at 5 million won per unit, totaling 10 million won. The annual sales limit for unlisted stocks on over-the-counter exchanges will be 300 million won, and for investment contract securities on over-the-counter exchanges, it will be 40 million won.

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Author: PA一线

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