[South Korea's Financial Services Commission Plans to Expand the Scope of Security Tokenization to Include Stocks and Bonds] Odaily Planet Daily reports that the South Korean Financial Services Commission (FSC) has announced a draft amendment to subordinate regulations related to the institutionalization of security tokens (Token Securities). The plan aims to expand the range of securities eligible for tokenization, including traditional securities such as stocks, bonds, and funds. According to the amendment, in addition to fractional investment securities (non-monetary trust beneficiary securities and investment contract securities), traditional securities can also undergo security tokenization. The relevant electronic securities regulations will also clarify distributed ledger requirements, stipulating that participants must include electronic registration institutions and at least two account management institutions, while prohibiting the use of distributed ledgers for electronic registration purposes if direct fees are charged. (Yonhap News)