South Korea's Financial Services Commission has proposed detailed regulations for tokenized securities, including capital requirements for issuers, OTC trading licenses, and retail investment caps, with the framework set to take effect in February 2027 following public consultation through November.
South Korea proposes regulations to tokenize stocks, bonds, and funds on blockchain, with retail investors capped at 100 million won in annual purchases per OTC platform. The framework takes effect February 4, 2027, with a phased rollout beginning with money-market funds and bonds for institutional investors.