1 hour ago

South Korea Proposes Rules to Put Stocks, Bonds and Funds on Blockchain

TLDR South Korea plans to allow stocks, bonds and funds under its token securities rules. Retail investors would face a 100 million won yearly net purchase cap per OTC platform. Issuers need 4 billion won in equity capital to manage their own token accounts. KB Securities, Kakaopay Securities and Hanwha are already building tokenization products. [...]

The post South Korea Proposes Rules to Put Stocks, Bonds and Funds on Blockchain appeared first on Blockonomi.

Source: Blockonomi →