Law firm Barun will hold a client seminar on the 20th to address legal issues and use cases after the institutionalization of security token offerings (STOs). With enforcement decrees and supervisory regulations set to be refined following legal amendments on security token offerings (STOs) that passed the National Assembly's plenary session in Jan., the event is expected to review regulatory risks by issuance structures and distribution methods.
At this seminar, Barun plans to highlight practical key issues focused on legal and institutional trends related to security token offerings (STOs), including criteria for determining whether they are securities, building distribution infrastructure, and investor protection measures. It will also cover payment infrastructure issues surrounding the won stablecoin and changes to capital market infrastructure.
Security token offerings (STOs) are a structure that issues various assets such as real estate, artworks, and content intellectual property (IP) in the form of digital tokens using Blockchain technology. Because high-priced assets can be split into small units and held by many investors, the system has drawn attention from the finance and legal markets since its early introduction. However, as the related law has only just passed the National Assembly, regulatory interpretation and investor protection standards are expected to become full-fledged issues at the actual issuance and distribution stages.
At the seminar, Barun attorney Lee Hye-jun will present on the theme "The status and issues of the legalization of security token offerings (STOs)." Then OpenAsset CEO Kim Kyung-eop will address the won stablecoin and payment innovation; Koscom Digital Asset Business Promotion TF department head Kim Wan-sung will discuss how revenue securities and security token offerings (STOs) will change capital market infrastructure; and Barun attorney Choi Jin-hyuk will cover ways to use and support security token offerings (STOs), respectively.
Barun views the present as a transitional period for the security token offerings (STOs) system. Although the legal amendments have laid the groundwork for introducing the system, legal risks may vary by issuance structure, distribution method, and investor protection framework until the enforcement decrees and supervisory regulations are made specific.
The seminar will be held from 3 p.m. to 5 p.m. on the 20th at the Conference Hall on the 2nd floor of the Textile Center Building on Teheran-ro, Gangnam-gu, Seoul.