South Korea Financial Services Commission (FSC) announced that they will allow security token issuance (STO) and establish a secure distribution system.
According to a report published by a local news agency on January 19, FSC Chairman Kim Joo-Hyun, taking into account current needs security tokento export will be allowed and trustworthy a distribution system announced its establishment.
A new regulatory framework is being prepared and with the guide to be prepared in the near future. legal loopholes and as deadlocks will be resolved President Joo-Hyun, who said that he will be sure, will be brought regulations and guides With clear and fast steps, South Korea’s contribution to the sector to lead He said they plan to provide
On the other hand, directives containing regulations early next month While it is among the statements made to be announced, some South Korean companies STO platforms to set up prepared specified.
Recently, it has accelerated the work on the crypto money sector. South Koreain the last few days that they will move the capital Seoul to the metaverse universe had announced.