Financial Services Commission (Korea)

Korea’s FSC proposes rules to let stocks, bonds and funds be issued and traded as tokenized securities from 4 February 2027

South Korea’s Financial Services Commission on 1 October 2026 proposed revisions to subordinate regulations under the FSCMA and the Electronic Registration Act to implement the tokenization of securities issuance and circulation from February 4, 2027, with a comment period from October 2 to November 11, 2026. Tokenized forms will cover stocks, bonds and funds as well as fractional investment securities; distributed ledgers must be shared across two or more account management entities alongside the Korea Securities Depository, and charging a fee directly for ledger use will be prohibited. Issuer account management entities will need minimum equity capital of KRW4 billion, an OTC exchange licensing unit for debt securities will be added, and retail investors will be limited to an annual net purchase of KRW100 million on each OTC exchange.

Financial Services Commission (Korea)