The South Korean National Assembly passes the token security institutionalization amendment, and blockchain technology gains legal recognition

【Blockchain Rhythm】The South Korean National Assembly officially passed amendments to the “Capital Markets Act” and the “Electronic Registration of Stocks and Bonds Act” the day before yesterday. The core highlight of this update is that token securities (STO) finally have a formalized regulatory framework.

In simple terms, the new policy accomplishes three things: First, it establishes a management system for issuer accounts, allowing qualified issuers to directly issue token securities using blockchain technology; second, it permits the use of blockchain to enhance the security and practicality of securities; third, it provides clear legal support for the issuance and circulation of digital securities.

What does this mean for the entire industry? South Korea’s move is quite significant, as it indicates that mainstream financial regulatory systems are beginning to seriously embrace blockchain applications, no longer treating token securities as a gray area. From a technical perspective, the advantages of blockchain in the securities field—transparency, efficiency, security—finally have the opportunity to be fully realized within a legal framework. For investors and project teams, this adds a more standardized and secure channel for fundraising and trading.