South Korea on Track to Legalize Tokenized Stocks, Paving Way for Bitcoin ETFs

South Korea is poised to make a significant move towards financial innovation with the imminent approval of legislation allowing the trading of tokenised stocks in unlisted companies. The South Korean National Assembly is close to finalizing a draft law aimed at legalizing security token offerings (STOs), according to reports from Hanz Kyungjae. This potential breakthrough is generating excitement within the nation’s trading community, with Yoon Ji-ho, a Seoul-based stock trader, expressing his anticipation for broader investment options.