South Korea sets up securities market for crypto

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14931
        )

    [ppma_authors_name] => Array
        (
            [0] => Isabella Aslam
        )

)

Updated September 21, 2022 | Published September 7, 2022

2 mins read

South Korea's financial regulator, the Financial Services Commission, has announced a plan to open a separate digital securities market to promote cryptocurrencies, operating similarly to Korea Composite Stock Price Index.

By using blockchain technology, the market will use securities tokens that represent ownership rights or asset value. However, such tokens will need to be registered in the format of electronic securities.

Tokens will be distributed the same way as existing securities for investor protection purposes and over-the-counter transactions will be carried out on a smaller scale at the early stages of the market.

The Korea Exchange will operate the digital securities market and have security companies broker the trades as per the planned request from the Financial Services Commission.

The Korea Securities Depository will examine and register the security tokens listing applied by users or through a brokerage, according to the planned proposal.

You can enjoy recreational use of cryptocurrencies at websites such as 1xBit, Bitcasino and FortuneJack.

 

Looking for your next crypto casino? Check out: Bitcasino, Gamb.co or FortuneJack.

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
The Ledger: France toughens crypto stance, SEC goes after Coinbase
The Ledger: Crypto criminals face pressure, new regulation rolls in

Similar News

Aiden Pleterski 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 7125
            [name] => Aiden Pleterski
            [slug] => aiden-pleterski
            [term_group] => 0
            [term_taxonomy_id] => 7125
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 3
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 6823
            [name] => crypto scam
            [slug] => crypto-scam
            [term_group] => 0
            [term_taxonomy_id] => 6823
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 14
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 7127
            [name] => crypto-king
            [slug] => crypto-king
            [term_group] => 0
            [term_taxonomy_id] => 7127
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

)

‘Crypto King’ reportedly kidnapped and tortured

27/03/2023|19:00

‘Crypto King’ Adam Pleterski was allegedly kidnapped and tortured following claims that he scammed investors and spent £13m to fund...
crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1680
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 5072
            [name] => G7
            [slug] => g7
            [term_group] => 0
            [term_taxonomy_id] => 5072
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 3
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 5044
            [name] => MiCA
            [slug] => mica
            [term_group] => 0
            [term_taxonomy_id] => 5044
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 21
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 1026
            [name] => regulation
            [slug] => regulation
            [term_group] => 0
            [term_taxonomy_id] => 1026
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 666
            [filter] => raw
        )

)

G7 moots tighter crypto restrictions

27/03/2023|18:00

The G7 will discuss adding tighter crypto restrictions to their agenda when they meet in Japan later this year. The...
Animoca Brands 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 6746
            [name] => Animoca Brands
            [slug] => animoca-brands
            [term_group] => 0
            [term_taxonomy_id] => 6746
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 6
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 5226
            [name] => metaverse
            [slug] => metaverse
            [term_group] => 0
            [term_taxonomy_id] => 5226
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 84
            [filter] => raw
        )

)

Animoca Brands cuts metaverse fund by 20%

27/03/2023|17:00

Hong Kong-based venture capital firm and blockchain gaming developer Animoca Brands has reportedly cut its metaverse fund by 20%. The...