South Korea's Financial Commission Studies Cryptocurrency Exchanges' Participation in the STO Market

The Financial Services Commission of South Korea will explore a plan to allow cryptocurrency exchanges to participate in the Security Token Offering (STO) market, addressing issues such as market environment, investor protection, licensing system integration, and dual operating licenses. The Chairman of the Financial Commission, Lee Eok-yeon, stated support for utilizing existing exchange technologies and trading infrastructure to develop the STO market, emphasizing the need to integrate the technologies and infrastructure of existing exchanges into the token securities market.

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