NewsHK
Seoul Codifies a Smart-Contract Audit Regime as STO Phase Two Approaches HONG KONG — South Korea is quietly building one of the more consequential pieces of digital-asset plumbing in the Asia-Pacific.
The Financial Security Institute, the non-profit cybersecurity arm that effectively sets defensive standards for the country's banks and brokerages, has begun work on a dedicated smart-contract verification tool and an accompanying validation system.
The announcement, first reported by ZDNet Korea, lands as Seoul prepares Phase Two of its Virtual Asset User Protection legislation — the phase that finally drags stablecoins and security tokens inside the regulatory perimeter.
For markets across the region, this is more than housekeeping.
Keep reading