BlockBeats report: On May 15, South Korea’s Financial Services Commission plans to release detailed regulations on tokenized securities in July, preparing for the country’s integration of blockchain-based securities into its capital market framework by 2027.
Kwon Dae-young, Vice Chair of the Financial Services Commission of South Korea, said at the second meeting of the Public-Private Committee on Tokenized Securities on Friday, “The goal is to announce it in July,” adding that the new rules will serve the “institutionalization” of tokenized securities. The public-private committee, established in March this year, is responsible for designing rules for issuance, trading, infrastructure, and settlement before the new framework takes effect in 2027.
The July package is expected to cover a roadmap for tokenizing stocks, bonds, and money market funds, potential adjustments to over-the-counter trading limits, and rules allowing the aggregation of similar underlying assets from fractional small-scale investment products.