
Korea Sets a 4 Billion Won Floor for Tokenized Securities Issuers
The FSC's draft rules set a capital floor, four required staff and a shared ledger. Comments close 11 November; the regime starts 4 February 2027.
Altcoins, ETH & general crypto

The FSC's draft rules set a capital floor, four required staff and a shared ledger. Comments close 11 November; the regime starts 4 February 2027.

The ICBA filed in Washington on Friday, arguing the OCC chartered crypto firms beyond what the National Bank Act allows. It wants Protego's approval vacated.

Isabel Schnabel set out direct issuance, an interoperability layer and privately issued settlement tokens at a Bank of England conference on Thursday.

The SEC would let advisers and funds hold crypto themselves where no permitted custodian exists. Comments run 60 days from Federal Register publication.

Florida's payment stablecoin regime took effect on 1 October. Issuers need a state licence, one-to-one reserves and monthly accountant examinations.

The FCA started accepting cryptoasset authorisation applications on Wednesday. Firms have until 28 February to file, and the regime begins 25 October 2027.

Kalshi filed to close its Volume Incentive Program from 13 October. It follows reports that the CFTC examined about $5 billion of near-identical ether perp trades.

South Korea's FSC said Monday it will review letting market makers quote digital assets, eleven days after the yen stablecoin JPYC peaked at 37.6 won on Upbit.

The CFTC registered Coinbase Clearing LLC as a derivatives clearing organization on Monday. It may clear only fully collateralized contracts, and nothing margined.

Resolution BCB No. 588 takes effect on 1 October, sending transfers of $10,000 or more to or from a customer's own wallet to Coaf by the next business day.

A Corporation Finance FAQ update says maintaining a working network is not the managerial effort that makes a token a security. The answers carry no legal force.

Two proposals set a 2% capital charge on the first $20 billion outstanding and a two-business-day redemption window. The comment clock runs 60 days.