BlockBeats News, May 15th, the Financial Services Commission (FSC) of South Korea plans to release detailed rules on tokenized securities in July this year, preparing for the country to include blockchain securities in the capital market framework by 2027.
Deputy Chairman of the Financial Services Commission, Kwon Dae-young, stated at the second joint public-private committee meeting on tokenized securities held on Friday that the "goal is to announce 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 issuance, trading, infrastructure, and settlement rules before the new framework takes effect in 2027.
A comprehensive plan in July is expected to cover the stock, bond, and money market fund tokenization roadmap, potential adjustments to over-the-counter trading limits, and rules allowing for the aggregation of similar underlying assets in fractional investment products.
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