Details of the Directive on Securities Tokens from South Korea

South Korea has created a guideline that sets out what types of digital assets are considered and regulated as securities in the country.

In a recent statement by the South Korean Financial Services Commission (FSC), qualitative details of the assets to be considered securities. place was given. In the statement, the country Capital Market LawIt was emphasized that digital assets that comply with the specifications specified in the .

The FSC also provided examples of which digital assets would most likely be classified as securities. According to the FSC, this coverage is providing a share in business activities, granting rights to its holders for dividends or providing profit to investors contains tokens.

On the other hand, digital assets that do not comply with the characteristics of securities in the first stage, be considered under other regulations..

The financial regulator also stated that this new guideline should be used to regulate securities tokens within the country. legalization, removal And to the distribution He said it was part of the preparations for the

The FSC recently announced that they will allow the issuance of security tokens and establish a secure distribution system.

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