Policy Event Β· High impact

South Korea FSC Opens Token Securities Rule Consultation

South Korea's FSC opened consultation on subordinate rules under the Electronic Securities Act and Capital Markets Act for token securities. The package sets an implementation path for issuance, registration, distribution and trading rules ahead of the February 2027 legal start date.

High impactπŸ‡°πŸ‡· South KoreaRegulationTokenizationLicensingFSC

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around regulation, tokenization, licensing in South Korea. Named institutions or platforms: FSC. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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High impactπŸ‡ΈπŸ‡¬ SingaporeRegulationData ProtectionExchange

IMF Warns Tokenized Markets Remain Illiquid And Volatile

The IMF said tokenized markets still need stronger legal clarity, interoperability and settlement design, while current tokenized markets remain relatively illiquid and more volatile than traditional counterparts. The warning raises conduct, market-structure and stability questions for tokenized equity distributors and venues.

Medium impact🌐 GlobalRegulationTokenization