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🇰🇷 SOUTH KOREA PASSES TOKENIZED SECURITIES LAW
South Korea’s National Assembly has approved landmark amendments to the Capital Markets Act and the Electronic Securities Act, officially legalizing the issuance and trading of security tokens.
The new framework enables fractional ownership of real-world assets (RWA) ; including real estate, fine art, and even livestock.
Boston Consulting Group estimates South Korea’s tokenized securities market could reach 367 trillion won ($249B) by 2030.
TradFi 🤝 On-chain.