Min Byung-deok: "Approval of Token Securities Will Be an Important Turning Point for Korean Finance"

There is an opinion that the introduction of token securities (Secrities Token Offering) into the regulatory system could be a major turning point for Korea's capital markets.

On the 10th (Korea time), Min Byung-deok of the Democratic Party of Korea held a seminar titled "The Future of Financial Innovation Brought by Introducing a Token Securities System" in Conference Room 7 of the National Assembly Members' Office Building and said, "The STO bill that recently passed the National Assembly's Political Affairs Committee has generated new expectations in the market," adding, "The National Assembly will prepare responsibly so that we can promptly convey better regulatory improvement news to the industry and investors waiting for the bill's enforcement."

He added, "The institutionalization of token securities has entered a full implementation phase within the formal financial system, taking the push for preliminary approval of OTC fractional investment distribution platforms as an opportunity," and "This is an important turning point in Korea's financial infrastructure where traditional finance and digital finance are converging."

In particular, Min emphasized that token securities are being institutionalized globally. He said, "Japan is attempting to issue token securities backed by various assets such as real estate and funds to broaden investor access, and countries such as Germany and the United States are also reviewing the tokenization of various assets within the regulatory framework," adding, "Token securities are an important means that can not only securitize real assets but also revitalize corporate finance and the venture capital market."

He explained that Korea must not fall behind. Min said, "Korea must also promptly and systematically establish an institutional foundation amid the flow of change," and "a regulatory framework that balances investor protection and market innovation, a fair competitive environment, and consistency with international standards are needed."