South Korea's Korea Economic Association Calls for Basic Digital Asset Act to Expand STOs

The Korea Economic Association has urged the South Korean government to enact a basic digital asset act aimed at expanding security token offerings (STOs). According to NS3.AI, the association said amendments related to STOs are scheduled to be implemented in January 2027. The group added that discussions around payment and settlement for STOs remain insufficient, and it called for further progress in this area alongside the proposed legislation.