South Korea to announce detailed security token rules in July, allowing pooled assets

South Korea's Financial Services Commission will announce detailed regulations and guidelines for security tokens this July, ahead of their planned implementation next February, Money Today reported. Security tokens are securities issued and managed using distributed ledger technology like blockchain, which digitally records rights such as ownership and dividends, similar to stocks or bonds, and can be traded through securities firms. Financial authorities are pursuing measures that include allowing the issuance of fractional investment securities by pooling multiple underlying assets, establishing a roadmap for tokenizing traditional assets like stocks and bonds, and expanding trading limits on over-the-counter exchanges.