South Korea Takes Major Step Toward Cryptocurrency Legalization with New Guidelines on Securities Tokens
South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens. Under the new guidelines, security tokens, defined as...
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Under the new guidelines, security tokens, defined as financial assets issued by a centralized party and tokenized on a blockchain, will be brought into a regulated environment with the same rules that applies to the country’s traditional financial market....
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