[South Korea Plans to Promote Security Tokenization, Annual Net Purchase Limit for Retail Investors Set at 100 Million KRW]
The South Korean Financial Services Commission plans to amend the *Electronic Securities Act* and the *Capital Markets Act* to gradually introduce the tokenization of stocks, bonds, and funds, with an annual net purchase limit for retail investors set at 100 million KRW. The deadline for public comments on the proposed amendments is November 11, and the implementation is scheduled to align with the effective date of the law on February 4, 2027. In the initial phase, settlements will continue to use the existing cash settlement system of the Korea Securities Depository. (Source: EToday)
