South Korea's FSC chief backs allowing crypto exchanges into tokenized securities market
- —Lee made the remarks at a parliamentary audit on Oct. 22
- —Options include merging licenses or allowing dual operations
- —Lawmaker Lee Kang-il cited the U.S. approach of admitting multiple platform types
Why it matters: Opening STO trading to crypto exchanges would broaden their revenue beyond spot crypto and speed up institutional adoption in South Korea.
Source: Bloomingbit