South Korea Finance Ministry Classifies Tokenized Stocks as Securities, Paving Way for Taxation

According to Bloomingbit, South Korea's Ministry of Economy and Finance said on Friday that tokenized stocks are securities rather than virtual assets, a classification that could bring these products under existing tax frameworks.

A ministry official stated that although tokenized stocks formally take the form of virtual assets, they are substantially closer to securities. The Financial Services Commission is expected to adopt the same interpretation in planned amendments to its Token Securities Guidelines in July, potentially enabling taxation as early as the second half of 2026 under the existing Capital Markets Act.