South Korea’s Financial Supervisory Service is studying cases such as XRP and the US SEC lawsuit to refer to the formulation of STO-related regulations

According to News1 citing sources, the Digital Assets Research Group under the Korean Financial Supervisory Service is conducting research centered on overseas cases related to virtual assets, including careful reference to XRP and the U.S. Securities and Exchange Commission (SEC), which are expected to obtain results as early as March. Litigation between the two parties to formulate regulations related to domestic security tokens (STOs) in South Korea. Foresight News previously reported that South Korea issued a reform plan for the STO issuance and circulation discipline system, planning to allow the normal issuance and circulation of STOs in the form of securities within the scope of the capital market law.