{"id":17363,"date":"2023-02-07T12:46:25","date_gmt":"2023-02-07T12:46:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/korean-regulator-approves-issuance-and-distribution-of-security-tokens-regulation-bitcoin-news\/"},"modified":"2023-02-07T12:46:25","modified_gmt":"2023-02-07T12:46:25","slug":"korean-regulator-approves-issuance-and-distribution-of-security-tokens-regulation-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/korean-regulator-approves-issuance-and-distribution-of-security-tokens-regulation-bitcoin-news\/","title":{"rendered":"Korean Regulator Approves Issuance and Distribution of Security Tokens \u2013 Regulation Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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South Korea\u2019s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC\u2019s Lee Su-young, security token investors are expected to get the same protection that is provided to investors in conventional securities. <\/strong><\/p>\n

Protecting Korean Security Token Investors<\/h2>\n

The South Korean financial markets regulator, the Financial Services Commission (FSC), has okayed the issuance and distribution of security tokens, a report has said. According to the report, Korean investors are expected to begin trading security tokens once the regulator has concluded revising the relevant laws.<\/p>\n

As per a report<\/a> in The Korea Times, regulators are hoping that the changes will not only enable investors to make fractional investments, but will also ensure security token holders get the same protection that is accorded to conventional securities investors.<\/p>\n

\u201cWe have decided to allow the new form of digitized securities to be issued here. This will enable investors to make fractional investments with more ease via the security token. We will also protect security token investors on par with those investing in conventional securities,\u201d Lee Su-young, an official from the regulator\u2019s capital market division, reportedly said.<\/p>\n

Brokerage Firms Preparing for Security Token Trades<\/h2>\n

Also, according to the report, the FSC\u2019s decision to amend the relevant sections of the relevant laws is because it wants the Korean electronic securities and capital markets to reflect \u201cthe global investment paradigm shift.\u201d<\/p>\n

Meanwhile, Kim Se-hee, an analyst with Eugene Investment & Securities, is quoted in the same report highlighting the likely benefits of expanding the list of tradable assets. Some of the Korean brokerage firms that are reportedly updating their respective trading apps to enable security token trading include KB Securities, Shinhan Securities, and Kiwoom Securities.<\/p>\n

While the FSC has taken steps that now make it possible for investors to acquire and hold fractionalized securities, an unnamed source quoted in the report tells investors to think before buying a security token. However, despite this and other concerns, the unnamed source nonetheless insisted that it is \u201ca good sign that the FSC is showing signs of easing regulations on some trendy investment areas.\u201d<\/p>\n

What are your thoughts on this story? Let us know what you think in the comments section below. <\/strong><\/em><\/p>\n

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\nTerence Zimwara <\/h6>\n

\nTerence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons, Jarretera \/ Shutterstock.com<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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