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South Korea’s Financial Services Commission plans to release detailed tokenized securities rules in July. Summary South Korea plans to release detailed tokenized securities rules in July before the 2027 legal rollout. The FSC is studying tokenized stocks, bonds and MMFs while building investor-protection rules for issuance. Samsung SDS is building KSD’s token securities platform as Korea prepares blockchain-based market infrastructure. The rules will support the amended Capital Markets Act and Electronic Securities Act, which are scheduled to take effect on February 4, 2027. The FSC discussed the plan at the second public-private tokenized securities council meeting on May 15. Local reports said the council reviewed issuance, trading, settlement and infrastructure rules before the legal framework starts. Fractional products may get wider scope The FSC is preparing to allow some
Hana Bank agrees to acquire a 6.55% stake in Dunamu for over $700M, marking the largest bank-led crypto investment in South Korean history Kakao Investment needed to raise funds. The method it chose was selling Dunamu shares it had been sitting on for years. South Korea’s Hana Bank, a subsidiary of Hana Financial Group, announced […]
The post A Korean Bank Just Wrote a $730M Check Into Crypto. Here’s Who Got Paid appeared first on Live Bitcoin News.
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-
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The post OKX Eyes Major Stake in South Korea’s Coinone Exchange appeared first on Coinpedia Fintech News Crypto exchange OKX is reportedly discussing a strategic investment in Coinone, South Korea’s third largest cryptocurrency exchange, according to Yonhap News. OKX and Korea Investment & Securities may each acquire roughly 20% stakes through a new share issuance deal. Coinone confirmed ongoing talks with several firms regarding potential equity partnerships but said no agreement has been finalized. The move could strengthen OKX’s presence in South Korea’s tightly regulated crypto market while boosting Coinone’s competitiveness against larger domestic rivals amid rising institutional digital asset interest globally. Source: https://coinpedia.org/crypto-live-news/okx-eyes-major-stake-in-south-koreas-coinone-exchange/
South Korea's FSC is preparing detailed rules for tokenized securities before a legal framework for blockchain-based securities takes effect in February 2027.
Bitcoin traders split between a "massive catch-up" with stocks and the start of its "next downtrend" as BTC price action failed to flip $82,000 to support.
South Korea will release tokenized securities issuance rules in July. The rules will allow portfolio-style fractional investment securities backed by similar assets. A public-private council is drafting the framework for issuance, trading, and settlement. The Financial Services Commission (FSC) of South Korea is concluding an historic transformation in the country’s digital economy. The regulator will […]
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