执政党誓言通过证券型代币发行立法

在执政党领导人最近在参加相关会议期间强调需要改进监管的评论之后，现在的关注点是延迟的证券型代币发行（STO）立法是否会获得关注。

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.

在执政党领导人最近在参加相关会议期间强调需要改进监管的评论之后，现在的关注点是延迟的证券型代币发行（STO）立法是否会获得关注。

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月金融当局发布相关指引后，STO成为证券和银行业新的增长领域。然而，上届21届国会立法缺乏进展，导致其融入制度框架的进程迟缓。

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.

执政党人民力量党（PPP）主席韩东勋表示，争论是否允许代币化证券的时间已经过去了。周四，他在国民议会早餐会上讨论 STO 立法时发表了上述言论。

“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.”

“我们必须立即彻底准备和建立该系统，以消除不公平交易和用户不便，”他说。 “美国和新加坡已经发布了STO指南，日本也通过修改其金融工具和交易法将STO纳入制度框架。”

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.

此次会议由 PPP 众议员 Kim Jae-sub 共同主持，他提交了一项旨在为证券型代币奠定法律基础并制定投资者保护措施的法案。

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.”

金说：“虽然在第21届国会中提出了STO相关法案，但它们被丢弃了。我已经在第22届议会上提出了该法案，我将努力确保本届会议完成STO的法律准备工作。”

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

去年2月，金融当局正式宣布允许发行和分销代币化证券。

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.

当局当时表示，与比特币和以太坊等一般虚拟资产不同，代币化证券虽然以数字资产形式发行，但仍被视为股权。他们强调，代币化证券受到《资本市场法》的监管，并承诺将其纳入制度框架。

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.

对此，券商和银行迅速成立了STO专门团队，并扩大了人员队伍。他们中的许多人还积极与区块链公司合作，完成 STO 运营所需的基础设施。

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.

这些公司已经投资了数百亿韩元，但现在面临着巨大的挑战，因为尽管当局在近两年前宣布了 STO 的立法，但尚未实现。这凸显了制度化的迫切需要。

“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.

“证券公司已经做了大量的准备和投资。 STO 法案迅速通过并立即实施立法至关重要，”未来资产证券高级官员 Rye Ji-hae 表示。