Asia’s ‘crypto’ regulation evolving in S. Korea, Taiwan, Australia

1. Homepage
2. >
3. News
4. >
5. Business
6. >
7. Asia’s ‘crypto’ regulation evolving in S. Korea, Taiwan, Australia

Across Asia-Pacific, digital assets continued their unstoppable march into the mainstream financial system, with South Korea moving toward tokenized stocks and bonds, Australia tightening its licensing requirements, and Taiwan preparing new stablecoin rules.

The three approaches differ, but together point to a broader trend of governments and regulators favoring a more regulated, institutionally integrated digital-asset market, and an approach of responsibly supporting innovation.

South Korea opts for phased rollout of tokenized securities

South Korea’s Financial Services Commission (FSC) has announced a three-stage roadmap for institutionalizing tokenized securities ahead of the framework’s implementation on February 4, 2027. The plan includes building infrastructure to expand token securities issuance beyond fractional investment products to include existing securities such as stocks, bonds, and funds.

On September 4, the FSC and the Financial Supervisory Service (FSS)—South Korea’s financial policymaking and regulatory authority, and the enforcement body that conducts financial inspections and oversees compliance, respectively—announced the “Policy Direction for Token Securities” during the third meeting of the Public-Private Joint Tokenized Securities Consultative Body, an official regulatory body established by the FSC in March to help develop the legal framework, system infrastructure and policy guidelines for integrating security token offerings (STOs) into the country’s capital markets.