執政黨誓言透過證券型代幣發行立法

在執政黨領導人最近在參加相關會議期間強調需要改進監管的評論之後，現在的關注點是延遲的證券型代幣發行（STO）立法是否會獲得關注。

Attention is now on whether delayed legislation for security token offerings (STO) will gain traction, following comments from the ruling party leader who recently emphasized the need for regulatory improvements during his participation in a related meeting.

在執政黨領導人最近在參加相關會議期間強調需要改進監管的評論之後，現在的關注點是延遲的證券型代幣發行（STO）立法是否會獲得關注。

STO emerged as a new growth area for the securities and banking industries after financial authorities released related guidelines in February last year. However, the lack of legislative progress in the previous 21st National Assembly has delayed their integration into the institutional framework.

去年2月金融當局發布相關指引後，STO成為證券和銀行業新的成長領域。然而，上屆21屆國會立法缺乏進展，導致其融入製度架構的進程遲緩。

Han Dong-hoon, chairman of the ruling People Power Party (PPP), stated that the time for debating whether to allow tokenized securities has passed. He made the remark during a breakfast meeting at the National Assembly discussing the STO legislation, Thursday.

執政黨人民力量黨（PPP）主席韓東勳表示，爭論是否允許代幣化證券的時間已經過去了。週四，他在國民議會早餐會上討論 STO 立法時發表了上述言論。

“We must thoroughly prepare and establish the system without delay to eliminate unfair trading and user inconveniences,” he said. “The United States and Singapore have already released STO guidelines, and Japan has incorporated STO into the institutional framework through amendments to its financial instruments and exchange act.”

「我們必須立即徹底準備和建立該系統，以消除不公平交易和用戶不便，」他說。 “美國和新加坡已經發布了STO指南，日本也通過修改其金融工具和交易法將STO納入製度框架。”

The meeting was jointly hosted by Rep. Kim Jae-sub of the PPP, who had submitted a bill aiming to establish the legal foundation for security tokens and draw up measures for investor protection.

這次會議由 PPP 眾議員 Kim Jae-sub 共同主持，他提交了一項旨在為證券型代幣奠定法律基礎並製定投資者保護措施的法案。

Kim said, “Although STO-related bills were introduced in the 21st Assembly, they were discarded. I have introduced the bill in the 22nd Assembly, and I will work diligently to ensure that legal preparations for STO are completed in this session.”

金說：「雖然在第21屆國會中提出了STO相關法案，但它們被丟棄了。我已經在第22屆議會上提出了該法案，我將努力確保本屆會議完成STO的法律準備工作。

In February last year, the financial authorities officially announced that they would allow the issuance and distribution of tokenized securities.

去年2月，金融當局正式宣布允許發行和分銷代幣化證券。

The authorities said at the time that, unlike general virtual assets such as Bitcoin and Ethereum, tokenized securities are rearded as equity, even though they are issued in digital asset form. They emphasized that tokenized securities fall under the regulation of the Capital Market Act and promised their integration into the institutional framework.

當局當時表示，與比特幣和以太坊等一般虛擬資產不同，代幣化證券雖然以數位資產形式發行，但仍被視為股權。他們強調，代幣化證券受到《資本市場法》的監管，並承諾將其納入製度框架。

In response, securities firms and banks have quickly established dedicated teams for STO and expanded their workforce. Many of them have also actively collaborated with blockchain companies to complete the infrastructure necessary for STO operations.

對此，券商和銀行迅速成立了STO專門團隊，並擴大了人員隊伍。他們中的許多人也積極與區塊鏈公司合作，完成 STO 營運所需的基礎設施。

These firms have already invested tens of billions of won, but are now facing significant challenges, as the legislation for STO has yet to be realized despite the authorities’ announcement nearly two years ago. This highlights the urgent need for institutionalization.

這些公司已經投資了數百億韓元，但現在面臨著巨大的挑戰，因為儘管當局在近兩年前宣布了 STO 的立法，但尚未實現。這凸顯了製度化的迫切需求。

“Securities firms have made significant preparations and investments. It is crucial that the STO bill is passed quickly and the legislation is implemented without delay,” Rye Ji-hae, a senior official at Mirae Asset Securities, said.

「證券公司已經做了大量的準備和投資。 STO 法案迅速通過並立即實施立法至關重要，」未來資產證券高級官員 Rye Ji-hae 表示。