Republic of Korea: Financial Services Commission guidelines on digital assets classified as securities
Progress
Current status
adopted
06 Feb 2023 adopted
Scope
Implementers
Republic of Korea
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued Financial Services Commission guidelines on digital assets classified as securities
On 6 February 2023, the Financial Services Commission (FSC) of the Republic of Korea issued guidelines on digital assets classified as securities under the Electronic Securities Act (ESA). The guidelines outline the characteristics that the digital …
Event type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body