[South Korea to Include Token Securities in Capital Market Reforms, Effective February 2027] The South Korean Financial Services Commission (FSC) has incorporated token securities into the capital market reform framework, with plans to officially implement it in February 2027. Related subordinate regulations will be open for public consultation in July this year. Samsung SDS has secured a contract with the Korea Securities Depository (KSD) to develop a token securities management platform, aiming to complete the infrastructure by February 2027.