The Financial Services Commission of South Korea (FSC) released the "Security Token (STO) Issuance and Circulation Disciplinary System Reform Plan", which plans to allow STO to be issued and circulated normally in the form of securities within the scope of the capital market law. At the same time, in order to prevent possible illegal incidents and protect investors, we provide principles and applicable precedents for judging whether digital assets are securities. (Foresight News)