FSC Vice Chairman Kim So-young attended a policy seminar discussing regulatory strategies for the issuance and distribution of security tokens on September 6 and delivered opening remarks. The seminar was held to gather opinions from experts and stakeholders prior to introducing a guideline for security tokens in the fourth quarter of this year and for continuing to work on establishing a broader regulatory framework on security tokens thereafter. During his opening remarks, Vice Chairman Kim underscored the importance of core principles of the Capital Markets Act such as fairness, accountability and efficiency in markets and stated that the government's regulatory strategies on security tokens will follow these principles while facilitating the growth of security tokens including its blockchain technology through various pilot opportunities. Vice Chairman Kim also said that the government will work to build a regulatory foundation to promote a responsible growth of the digital asset market.