South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
60-second summary
South Korea's finance ministry declares tokenized stocks securities, not crypto assets, potentially paving the way for taxation as early as the second half of 2026 if regulators concur. This classification could subject investors to securities taxes and reporting requirements, impacting the country's burgeoning tokenized stock market and its growth prospects in the near term.
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators agree.