{ "version": 1, "event_id": "evt_68a5eca0f2df1205", "url": "https://xiyu.news/events/evt_68a5eca0f2df1205/", "json": "https://xiyu.news/api/events/evt_68a5eca0f2df1205.json", "type": "regulatory_action", "status": "developing", "category": "policy", "title": { "zh": "韩国目标 2027 年 2 月推出完整代币化证券市场", "en": "South Korea targets February 2027 rollout for full tokenized securities market" }, "current_state": { "zh": "韩国金融服务委员会已提出代币化证券的详细规则并进入公众咨询阶段（至11月11日），规则拟于2027年2月4日生效。最新进展显示，代币化范围将扩展至债券与基金，初期以机构投资者为主推出私募货币基金、私募债和信托型非上市股票代币化，并试点公募碎片化投资证券；零售场外交易年度净买入额每所上限1亿韩元，自有资本达40亿韩元的非金融机构可管理投资者账户。", "en": "South Korea's Financial Services Commission has proposed detailed rules for tokenized securities, now in public consultation through Nov. 11 and scheduled to take effect on Feb. 4, 2027. The latest development shows the scope will extend to bonds and funds, initially focusing on institutional investors with private money-market funds, private debt, and trust-based unlisted equity tokenization, plus a pilot for public fractional investment securities; retail OTC annual net buy limits are set at 100 million won per exchange, and non-financial institutions with 4 billion won in capital may manage investor accounts." }, "first_seen_at": "2026-09-04T16:32:09.585955+00:00", "last_updated_at": "2026-10-12T02:37:17.606682+00:00", "last_material_change_at": "2026-10-12T02:37:17.606682+00:00", "confidence": 0.75, "updates_count": 3, "sources_count": 4, "entities": [ "february", "korea", "south", "south-korea", "tokenized-securities" ], "identifiers": [], "topics": [ "crypto-regulation", "fsc", "south-korea", "token-securities", "tokenized-securities" ], "updates": [ { "update_id": "upd_36020d9719ee8eaf", "event_id": "evt_68a5eca0f2df1205", "occurred_at": "2026-09-04T09:41:31Z", "published_at": "2026-09-04T09:41:31Z", "first_seen_at": "2026-09-04T16:32:09.585955Z", "time_precision": "published", "update_type": "initial", "material_change": true, "title_zh": "韩国目标 2027 年 2 月推出完整代币化证券市场", "title_en": "South Korea targets February 2027 rollout for full tokenized securities market", "what_changed_zh": "韩国宣布计划在 2027 年 2 月前推出完整的代币化证券市场，标志着将数字资产纳入传统金融的重大监管举措。", "what_changed_en": "South Korea has announced a plan to launch a full tokenized securities market by February 2027, signaling a major regulatory step toward integrating digital assets into traditional finance.", "current_state_zh": "韩国宣布计划在 2027 年 2 月前推出完整的代币化证券市场，标志着将数字资产纳入传统金融的重大监管举措。", "current_state_en": "South Korea has announced a plan to launch a full tokenized securities market by February 2027, signaling a major regulatory step toward integrating digital assets into traditional finance.", "detailed_summary_zh": "South Korea has announced a plan to launch a full tokenized securities market by February 2027, signaling a major regulatory step toward integrating digital assets into traditional finance.", "detailed_summary_en": "South Korea has announced a plan to launch a full tokenized securities market by February 2027, signaling a major regulatory step toward integrating digital assets into traditional finance.", "background_zh": "", "background_en": "", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "", "market_impact_en": "", "importance_score": 7.5, "references": [], "confidence": 0.75, "story_ids": [ "rss:www.coindesk.com_arc_outboundfeeds_rss_:bad1fbc2cea5598d" ], "sources": [ { "url": "https://www.coindesk.com/business/2026/09/04/south-korea-targets-february-2027-rollout-for-full-tokenized-securities-market", "label": "CoinDesk", "source_type": "rss", "official": false } ] }, { "update_id": "upd_aa16db4b719c8692", "event_id": "evt_68a5eca0f2df1205", "occurred_at": "2026-10-02T05:08:32Z", "published_at": "2026-10-02T05:08:32Z", "first_seen_at": "2026-10-02T06:41:10.628790Z", "time_precision": "published", "update_type": "escalation", "material_change": true, "title_zh": "韩国在 2027 年推出前推进代币化证券规则", "title_en": "South Korea advances tokenized securities rules ahead of 2027 rollout", "what_changed_zh": "韩国金融服务委员会提出了代币化证券发行与交易的具体规则，包括发行方最低资本要求、场外交易牌照和零售投资限额，并计划于11月11日前完成公众咨询，规则拟于2027年2月4日生效。", "what_changed_en": "South Korea's Financial Services Commission proposed detailed rules for issuing and trading tokenized securities, including minimum capital requirements for issuers, OTC trading licenses and retail investment limits, with public consultation through Nov. 11 and planned effect on Feb. 4, 2027.", "current_state_zh": "韩国已从宣布2027年2月推出代币化证券市场的计划，推进到由金融服务委员会提出具体监管规则并进入公众咨询阶段，规则拟于2027年2月4日生效。", "current_state_en": "South Korea has moved from announcing a plan for a full tokenized securities market by February 2027 to the Financial Services Commission proposing detailed rules, now in public consultation, with the framework scheduled to take effect on Feb. 4, 2027.", "detailed_summary_zh": "South Korea's Financial Services Commission proposed detailed rules for issuing and trading tokenized securities — covering capital requirements, OTC trading licenses and retail investment limits — ahead of the framework taking effect in February 2027.", "detailed_summary_en": "South Korea's Financial Services Commission proposed detailed rules for issuing and trading tokenized securities — covering capital requirements, OTC trading licenses and retail investment limits — ahead of the framework taking effect in February 2027.", "background_zh": "", "background_en": "", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "", "market_impact_en": "", "importance_score": 7.0, "references": [], "confidence": 0.95, "story_ids": [ "rss:cointelegraph.com_rss:6edbdd818a1596b7", "google_news:article:add8afa396838c08" ], "sources": [ { "url": "https://cointelegraph.com/news/south-korea-tokenized-securities-rules-2027?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound", "label": "Cointelegraph", "source_type": "rss", "official": false }, { "url": "https://www.cryptotimes.io/2026/10/03/south-korea-proposes-rules-for-tokenized-stocks-bonds-and-funds/", "label": "The Crypto Times", "source_type": "google_news", "official": false } ] }, { "update_id": "upd_e97ce434ba22fd17", "event_id": "evt_68a5eca0f2df1205", "occurred_at": "2026-10-12T01:57:02Z", "published_at": "2026-10-12T01:57:02Z", "first_seen_at": "2026-10-12T02:37:17.606682Z", "time_precision": "published", "update_type": "escalation", "material_change": true, "title_zh": "韩国金融委推进代币证券扩围，债券与基金将纳入首批标的", "title_en": "韩国金融委推进代币证券扩围，债券与基金将纳入首批标的", "what_changed_zh": "金融委将代币证券范围从房地产、艺术品等碎片化投资扩展至债券与基金，首批优先面向机构投资者推出私募货币基金、私募债及基于信托的非上市股票代币化，并试点公募碎片化投资证券；同时设定普通投资者在场外交易平台的年度净买入额每所1亿韩元上限，允许自有资本达40亿韩元的非金融机构直接管理投资者账户。", "what_changed_en": "The FSC broadened the tokenized securities framework from real estate and art fractional investment to include bonds and funds, initially prioritizing institutional investors with private money-market funds, private debt, and trust-based unlisted equity tokenization, plus a pilot for public fractional investment securities; it also set a per-exchange annual net buy limit of 100 million won for retail investors on OTC platforms and allowed non-financial institutions with 4 billion won in capital to directly manage investor accounts.", "current_state_zh": "韩国金融服务委员会已提出代币化证券的详细规则并进入公众咨询阶段（至11月11日），规则拟于2027年2月4日生效。最新进展显示，代币化范围将扩展至债券与基金，初期以机构投资者为主推出私募货币基金、私募债和信托型非上市股票代币化，并试点公募碎片化投资证券；零售场外交易年度净买入额每所上限1亿韩元，自有资本达40亿韩元的非金融机构可管理投资者账户。", "current_state_en": "South Korea's Financial Services Commission has proposed detailed rules for tokenized securities, now in public consultation through Nov. 11 and scheduled to take effect on Feb. 4, 2027. The latest development shows the scope will extend to bonds and funds, initially focusing on institutional investors with private money-market funds, private debt, and trust-based unlisted equity tokenization, plus a pilot for public fractional investment securities; retail OTC annual net buy limits are set at 100 million won per exchange, and non-financial institutions with 4 billion won in capital may manage investor accounts.", "detailed_summary_zh": "South Korea's Financial Services Commission is broadening its token-securities framework to cover bonds and funds, initially through institution-focused private money-market funds, private debt and trust-based unlisted equity tokenization, alongside retail OTC buy limits and new capital requirements for account managers.", "detailed_summary_en": "South Korea's Financial Services Commission is broadening its token-securities framework to cover bonds and funds, initially through institution-focused private money-market funds, private debt and trust-based unlisted equity tokenization, alongside retail OTC buy limits and new capital requirements for account managers.", "background_zh": "", "background_en": "", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "", "market_impact_en": "", "importance_score": 7.0, "references": [], "confidence": 0.9, "story_ids": [ "telegram:theblockbeats:199939" ], "sources": [ { "url": "https://m.theblockbeats.info/flash/371265?from=telegram", "label": "theblockbeats", "source_type": "telegram", "official": false } ] } ] }