FSC Proposes Rules Change to Pave Way for Tokenization of Securities Issuance and Circulation

The Financial Services Commission proposed revisions to subordinate regulations under the Financial Investment Services and Capital Markets Act (FSCMA) and the Act on Electronic Registration of Stocks and Bonds (the Electronic Registration Act hereinafter) to pave the way for the implementation of the tokenization of securities issuance and circulation from February 4, 2027 under the revised FSC …