South Korea to Integrate Tokenized Securities into Capital Market Reform by February 2027

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ME News reports that on June 24 (UTC+8), South Korea has integrated tokenized securities into its overall capital market reform framework. The Financial Services Commission (FSC) has recently launched a review meeting on capital market infrastructure to coordinate reform initiatives including accelerating securities settlement, extending trading hours, and advancing digital transformation. According to the plan, the tokenized securities framework will officially take effect in February 2027, with related subordinate regulations expected to open for public consultation in July this year. In terms of infrastructure development, Samsung SDS has been awarded a contract by the Korea Securities Depository (KSD) to develop a tokenized securities management platform, integrating the existing electronic securities account system with blockchain data, with a target completion date of February 2027. (Source: ChainCatcher)

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