South Korea's FSS: RWA market growth requires payment and system safeguards

• —FSS flagged four RWA hurdles: settlement delays, system risk, lack of standards and legal limits
• —Regulator warned fragmented mainnets and weak cross-chain bridges threaten the wider financial system
• —It proposed embedding supervisory requirements into code at the design stage instead of post-hoc penalties
• —Lawmaker Min Byoung-dug called for a digital asset act plus trust, custody and settlement law reforms