South Korea
TokenPost
Regulatory Gap in ICO Rules Pushes Token Issuance Overseas…DAXA Proposes Domestic Return Procedure
- DAXA released its '2026 Second-Half Digital Asset Policy Report' on October 7, featuring analysis by Hansung University professor Jaewoo Cho.
- Since South Korea's 2017 ICO ban, the lack of clear token issuance rules has led domestic projects to issue tokens and manage contracts/assets overseas rather than domestically.
- Cho proposes that legislation explicitly define token issuance standards and create a formal procedure allowing overseas-based business functions to return to Korea.