STO Guidelines Soon To Be Announce—Changes to the Virtual Asset Market?

Security token (STO) guidelines are expected to be announced next month. According to the guidelines from the 6th Financial Regulatory Innovation Conference held on the 19th, a new discussion is underway as to whether coins listed on existing virtual asset exchanges are classified as securities. Partner attorney Ohoon Kwon analyzed, “From a VASP’s point of view, the change brought from the new guidelines would be providing a little more predictability for securities attributes of coins.”

URL: STO Guidelines Soon To Be Announce—Changes to the Virtual Asset Market?