2023.07.20
New Security Token Market Draws Attention from Financial Firms and Major Corporations
Financial firms and major corporations are closely monitoring the government's preparation to revise laws and establish a framework for security token issuance and distribution using distributed ledger technology. The new system is expected to be introduced by the end of 2024, with predictions of significant market growth, reaching 367 trillion won by 2030. However, concerns have been raised about potential limitations for ordinary private investors in the over-the-counter market.
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