South Korea advances tokenized securities rules ahead of 2027 rollout
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South Korean regulators introduce tokenized securities roadmap
South Korea’s financial regulator introduced a three-phase roadmap for the issuance of tokenized assets, as the country prepares to adopt its first tokenized securities framework in February 2027.
Huatai Securities: South Korea's high export growth indicates that global AI supply chain trade is still on an upward trend, and the Asian AI supply chain is expected to continue to benefit.
Mars Finance reported on July 6th that a research report from Huatai Securities pointed out that the continued strong performance of AI chain exports drove South Korea's June exports to significantly exceed expectations, with the trade surplus reaching a new historical high. Looking ahead, leading indicators show that AI chain trade will maintain high growth, and South Korean exports are expected to continue their strong performance, potentially driving South Korea's nominal GDP to maintain a relatively high growth rate. In the short term, the Philadelphia Semiconductor Index, which leads South Korean semiconductor exports by about four months, remains high year-on-year, indicating that the strong performance of South Korean semiconductor exports is likely to continue; at the same time, against the backdrop of strong AI demand, memory prices are still rising, and prices will continue to support nominal exports. The high growth of South Korean exports indicates that global AI chain trade is still on an upward trend, and the AI supply chain in Asia, including South Korea and China, is expected to continue to benefit. (Wide Angle Observation)
The U.S. SEC released a statement on its 2026 regulatory agenda: promoting the trading of tokenized securities and advancing the development of crypto rules.
According to Odaily Odaily, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins released a statement regarding the 2026 regulatory agenda, indicating that the SEC will continue to advance a series of regulatory reforms, including adapting the regulatory framework to the current market environment, actively embracing innovation and new technologies, implementing President Trump's goal of "making America the global crypto capital," promoting the launch of more crypto-related products in the U.S. market, establishing clear rules for crypto asset financing, and clarifying the on-chain custody of market participants and promoting on-chain tokenized securities trading. Regarding capital market reforms, the U.S. SEC will advance its "Make IPOs Great Again" initiative, which aims to encourage more companies to enter the public market by reforming information disclosure systems and reducing compliance costs for companies seeking to go public, while maintaining necessary investor protection measures.
CITIC Securities: South Korea is expected to become a key player in the era of physical AI.
According to a research report by CITIC Securities, as reported by Mars Finance, physical AI continues to be a hot topic. Essentially, it's a different expression of the concepts of embodied intelligence and robotics. South Korea recently proposed a super project for physical AI, and our recent research on the South Korean robotics industry chain suggests that South Korea has the potential to become a significant player in the physical AI era. South Korea has a strong robotics industry chain, primarily focused on hardware, mainly driven by conglomerates like Hyundai Group. It has initially established a complete industry chain from upstream components to downstream manufacturing of various complete machines. However, it still lags behind China and the US in terms of embodied models and cost reduction capabilities in the supply chain.
Starting October 1st, South Korea will introduce civil seizure rules for crypto assets, allowing courts to directly freeze, transfer, and dispose of digital assets through local crypto exchage.
PANews reported on July 6 that, according to Solid Intel, South Korea will introduce civil seizure rules for crypto assets starting October 1, allowing courts to directly freeze, transfer, and dispose of digital assets through local crypto exchage.
Nomura Securities: Market concerns about "overcapacity" may be excessive; South Korean chip investment is unlikely to quickly translate into production capacity.
According to Mars Finance, Nomura Securities analysts stated in a recent report that market concerns about "computing power oversupply" may be excessive, and the memory chip industry still has a long way to go before entering a downward cycle. The market is currently facing a severe shortage driven by artificial intelligence demand, with major chip manufacturers prioritizing the production of more profitable high-bandwidth memory (HBM), leading to limited supply of ordinary DRAM and NAND. Nomura analysts emphasized that in this context, concerns about oversupply are excessive. Because the semiconductor industry's construction and development cycles are often very long, projects announced by South Korean chip giants are unlikely to have a substantial impact on supply for several years. (Cailian Press)