South Korea
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Avalanche Included in Korea Securities Depository's Distributed Ledger Requirements... Links Multiple Networks
- South Korea's FSC confirmed that security token-related amendments to the Electronic Securities Act and Capital Markets Act will take effect February 4, 2027, after subordinate rules and infrastructure are prepared.
- Edaily reported that Avalanche (AVAX) appears among the networks referenced in the Korea Securities Depository's (KSD) standard requirements for distributed ledgers used in security tokens.
- The report clarifies that inclusion in the KSD standard does not constitute official adoption of a specific network or a guaranteed market benefit for Avalanche.