🌟 Major moves in the South Korean financial sector! 👀
According to the latest report from ChainCatcher, the South Korean Financial Services Commission has officially announced that it will promote the legalization process of token securities (STO) and fractional investment platforms as one of the core economic tasks this year. This initiative marks an important step for South Korea in the fields of financial innovation and the digital asset market.
🔍 STO: Blockchain technology empowers high-value asset investment: 🔍
STO, or token securities, convert traditional high-value assets such as real estate and art into digital tokens through blockchain technology, allowing small investors the opportunity to participate in these fields. This innovative model not only lowers investment thresholds but also increases asset liquidity and transparency.
📜 Legal revisions and infrastructure preparations: 📜
To ensure the smooth implementation of STOs, South Korean financial authorities have begun revising the Capital Markets Act and the Electronic Securities Act, and are preparing relevant infrastructure. This series of measures aims to build a safe, transparent, and efficient digital asset market environment.
📈 Industry Expectation: Market size will see explosive growth: 📈
The industry generally expects that with the acceleration of the legislation process for STOs, the South Korean digital asset market will experience explosive growth. It is expected that by 2026, the South Korean STO market size will reach 119 trillion won, increasing to 367 trillion won by 2030, nearly quadrupling. This projected data undoubtedly injects strong confidence into investors and market participants.
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