South Korea will allow the issuance of security tokens and will announce the STO issuance and circulation guidelines in early next month

According to ChainCatcher news, the chairman of the Financial Services Commission (FSC) of South Korea, Kim Joo-hyun, stated that the issuance of security tokens (STO) will be allowed and a secure token circulation system will be established. "It will be advanced rhythmically through the proposal of guidelines, sandbox testing, and formal institutionalization, institutionalizing the over-the-counter circulation platform," and the guidelines containing the regulations for the issuance and circulation of STO will be announced early next month. (Source link)