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2025.12.04

Korea Establishes Security Token Regulatory Framework

The National Assembly’s amendments to the Electronic Securities Act and the FSCMA establish Korea’s first comprehensive regulatory framework for security tokens, formally recognizing distributed-ledger-based securities and enabling the tokenization of real-world assets.

 

The reforms introduce a licensing regime for issuer-operated ledger management and multilateral OTC trading, while extending full capital-market rules to Investment Contract Securities.

 

Foreign clients should monitor forthcoming Presidential Decrees that will clarify operational standards within Korea’s rapidly developing STO regulatory environment.

 

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