The South Korean Financial Commission will study allowing cryptocurrency exchanges to participate in the STO market On October 23rd, according to South Korean media EDaily, the Financial Services Commission of South Korea stated that it will study a plan to allow cryptocurrency exchanges to participate in the securities token (STO) market, including market environment, investor protection, license system integration, and business license issues. The Chairman of the Financial Commission of Korea, Lee Yi won, expressed his agreement with the proposal to develop the STO market using existing exchange technology and trading infrastructure, emphasizing the need to integrate the existing exchange technology and trading infrastructure into the token securities market.