According to Bloomingbit, the Korean Ministry of Economy and Finance stated that currently tokenized stocks are regarded as securities rather than virtual assets; if the Korean Financial Services Commission determines they are securities, taxes can be levied immediately under the current Capital Markets Act, with implementation possibly as early as the second half of this year. The Korean Financial Services Commission expects to release a token securities guideline and amendments to subordinate regulations in July, and may issue authoritative interpretations regarding the securities nature of tokenized stocks.

The Ministry of Economy and Finance said that regardless of where tokenized stocks are issued globally, as long as their economic value and rights structure essentially qualify as securities, they may become subject to dividend income tax under current tax laws, and overseas transactions on foreign platforms may also fall within the scope of taxation. The Ministry of Economy and Finance and the National Tax Service are establishing information exchange mechanisms with overseas tax authorities such as the U.S. IRS to monitor trading records on overseas platforms.