According to CoinMeta, the Financial Services Commission of South Korea has proposed detailed regulations for the issuance and trading of securities tokens, intending to allow stocks, bonds, funds, and certain fragmented investment securities to be issued and circulated in token form. The relevant regulatory framework is scheduled to take effect on February 4, 2027. Securities token issuing companies that directly manage customer accounts must have a paid-in capital of at least 4 billion Korean won and must employ dedicated compliance and technical personnel. The revision of capital market regulations will introduce new licenses for over-the-counter (OTC) bond trading and limit the annual net purchase amount for retail investors to within 100 million Korean won per OTC exchange. The proposal will be open for public comments from Friday until November 11.