Blustargate

As of October 1, 2026, this is more advanced than a mere proposal, but the tokenization of ordinary stocks and bonds has not yet gone live in South Korea. Legislation has passed. On January 15, 2026, South Korea's National Assembly passed amendments to the Electronic Registration Act and Capital Markets Act creating the legal framework for security tokens. The law takes effect February 4, 2027. Until then, Korea does not yet have the legal basis to use a distributed ledger as the securities registry for domestic tokenized securities. The government announced the implementation roadmap on September 4, 2026. It explicitly covers stocks, bonds and funds, rather than limiting tokenization to fractional-investment products. Phase 1 begins February 2027. Initially, tokenization will cover institutional-only privately placed MMFs and bonds, unlisted stocks through trust structures, and publicly offered fractional-investment securities. Broader public securities come later. Phase 2 is intended to expand tokenization to publicly offered securities generally, while Phase 3 envisions on-chain payment/settlement infrastructure, potentially involving stablecoins. The timing of those later phases is still flexible. As of today, detailed implementing rules are still being finalized. The FSC said it planned amendments to subordinate regulations, while today's Yonhap report says the revised rules are being prepared to allow stocks and bonds to serve as the underlying assets of tokenized securities. So the accurate headline is: 🇰🇷 South Korea has legislated a framework for security tokens and is preparing a phased rollout that will eventually encompass conventional stocks and bonds. The first legal rollout starts February 4, 2027; it is not a blanket tokenization of all Korean stocks and bonds today. That distinction matters because saying “South Korea is tokenizing stocks and bonds now” would overstate the current status. #koreaproposestokenizingstocksandbonds #BTC $BTC