South Korea Proposes Tokenized Securities Rules for February 2027 Launch

TL;DR South Korea’s FSC proposed rules enabling tokenized securities issuance and circulation from February 4, 2027, covering stocks, bonds, funds and fractional investment products. Distributed ledgers must involve multiple account-management entities alongside the Korea Securities Depository, while qualifying issuers face KRW4 billion minimum capital requirements. Retail investors would face a KRW100 million annual net purchase cap on each OTC exchange, with the proposals open for public