South Korea's National Assembly is reviewing a legislative bill on tokenized securities and is expected to be passed after the presidential election."
According to online reports, according to Yonhap News Agency, according to the financial investment community and political circles, the tokenized securities legislative bills (Amendments to the Capital Market Law and the Electronic Securities Law) currently under review by the South Korean National Assembly are expected to be passed after the presidential election. Presidential candidates Lee Jae-ming and Kim Mun-soo both emphasized in their campaign promises the policy of legislating token securities as soon as possible. The token securities legalization bill was unanimously agreed by both the ruling and opposition parties during the 21st Congress, but failed to pass due to external factors such as the deadlock in Congress.
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