"Tokenized Stocks Are Securities": South Korea Kicks Off Tax Preparations Following @fsckorea Ruling South Korea's Financial Services Commission has officially declared that tokenized stocks are classified as traditional securities rather than virtual assets, giving @mofekorea the green light to impose immediate taxes. Dispelling widespread market assumptions that tokenized equities would remain tax-exempt until next year's crypto tax implementation, authorities plan to apply a 15.4% dividend tax and a 22% capital gains tax—mirroring existing regulations for conventional foreign stock investments. While immediate enforcement faces hurdles due to the offshore nature of these trades on platforms like @binance, the government is actively preparing to track transactions via the @OECD's Crypto-Asset Reporting Framework set to launch next year. This decisive regulatory shift comes as global demand for tokenized shares of major tech giants—ranging from $TSLA and $NVDA to local heavyweights like @Samsung and @SKhynix, with monthly transfer volumes surging 105% to hit a staggering $8.41 billion in June.