[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)

A certain whale sold 410.14 BTC worth $34.16 million on Hyperliquid, and then bought 143.41 ETH worth $36.14 million on DEX.

Analyst Murphy stated that long-term holders (LTH) transferred 32000 BTC to the trading platform on October 7-8, including 17200 BTC transferred by the US government to Coinbase Prime. After excluding this special transfer, the remaining 14800 BTC come from long-term chips with a coin age of 6-12 months and 3-5 years. The daily average transfer of 2000-3000 BTC during the bear bull transition period LTH is within the normal range, and the market should pay attention to the turnover of chips.

Slow Mist founder Cosine stated that the Ledger Flex model is involved in the closely related case of the Ledger hardware implantation attack that is currently being followed up. Ledger has confirmed that there are devices implanted with malicious hardware modules in the authorized distributor CryptoBilis channel in Southeast Asia, causing user assets to be stolen. The official has requested CryptoBilis to suspend sales and advised users to transfer assets.

Jeonbuk Bank has launched South Korea's first corporate Korean won loan project with Bitcoin as collateral, initially only for corporate customers, and the loan is limited to business operating funds. Jeonbuk Bank does not directly hold or manage Bitcoin and is held by qualified virtual asset service providers. In case of default, Quanbei Bank will realize the collateral and recover the debt through court auctions and other procedures. Jeonbuk Bank has completed stress testing and established a valuation system based on weighted average prices from multiple global exchanges. (Source: Daily Economy)