South Korea's Financial Services Commission has published a proposal setting out how tokenized securities can be issued and traded. The plan would cap how much retail investors can put into them. It would also set capital requirements and require a license to trade them over the counter.
The proposal is the detailed rulebook for South Korea's tokenized securities framework, which takes effect in February 2027. The report was published on October 2, 2026. That leaves about four months between the proposal and the start date.
The report names three areas the rules cover: capital requirements, OTC trading licenses and retail investment limits. It does not give the size of the capital requirements, the retail caps or the license conditions. It also does not name any companies that plan to apply.
For anyone already holding a perpetual futures position on Bitget, Bybit, MEXC or OKX, the proposal changes nothing directly. The report does not mention perpetual futures, funding rates, trading fees or any of these four exchanges. The rules cover tokenized securities in South Korea, not crypto derivatives.
Source: cointelegraph — South Korea advances tokenized securities rules ahead of 2027 rollout