Attorney Kwon published an article titled “A Structural Analysis of the Token Securities Framework: Distinguishing the Introduction of Distributed Ledger Technology from the Distribution of Non-Standardized Securities” in the Commercial Law Review (Vol. 45, Special Issue No. 1, May 2026), the official academic journal of the Korean Commercial Law Association.

The Korean Commercial Law Association is one of Korea's leading academic organizations dedicated to the advancement of commercial and capital markets law. Its Commercial Law Review is a well regarded academic journal that publishes scholarship on commercial and capital markets law.

In the article, Attorney Kwon examines the legal framework for token securities introduced by the January 2026 amendments to the Electronic Securities Act and the Financial Investment Services and Capital Markets Act. He analyzes the structure of the new regime and explores key legal and regulatory considerations relating to its implementation, offering insights into the future development of Korea's token securities market.

URL: "A Structural Analysis of the Token Securities Framework"