South Korea proposes 100 million won annual cap on tokenized securities trading
- —Retail investors limited to 100 million won in net annual purchases per OTC venue
- —Issuer account managers must hold at least 4 billion won in capital and four specialists
- —OTC trading expands to debt securities, including tokenized bonds
- —Distributed ledgers must involve at least two account managers besides the central depository
Why it matters: South Korea is building one of the first comprehensive regimes for tokenized securities, setting a benchmark for Asian RWA markets.
Source: Bloomingbit