The Chairman of Korea's sole securities exchange operator (KRX), Jeong Eun-bo, stated at the forum on May 26 that major global markets are improving efficiency by extending trading hours and shortening settlement cycles, while discussions on new paradigms such as security tokenization and AI are also accelerating. KRX will promote shortening Korea's stock market settlement cycle from T+2 to T+1 to align Korea's capital market with the global pace. KRX Clearing and Settlement Head Park Sang-wook said that tokenization and DeFi are blurring the boundaries between digital asset markets and traditional capital markets, but since the settlement system involves multiple infrastructures such as exchanges, central banks, brokerages, and custodians, it cannot be hastily advanced without adequate preparation. (Digital Asset)