The digital asset landscape in Korea is undergoing a major turning point. The Korea Financial Investment Association (KOFIA) has decided to boost the ecosystem by establishing a specialized team focused on digital strategy. This initiative signifies an increasing commitment from established financial institutions toward the virtual assets sector.
A New Team Dedicated to Security Tokens
KOFIA has just formed a Digital Strategy Team responsible for supporting its members in deploying innovative projects. According to information relayed by NS3.AI, this structure operates under the auspices of the new K-Capital Market Division, created to orchestrate initiatives in the digital assets field. The team is particularly focused on developing security tokens and blockchain-based investment solutions.
The K-Capital Division: A Strategic Pivot Toward the Digital Ecosystem
Beyond just managing digital assets, the K-Capital Market Division broadens its scope of action. It handles cross-cutting issues including taxation and retirement schemes applied to virtual assets. This holistic approach demonstrates KOFIA’s intention to gradually integrate digital products into the existing regulatory and fiscal framework.
Supporting Companies in the Digital Transition
The team established aims to assist member companies in realizing their digital asset projects. By facilitating the development of security tokens and innovative financial products, KOFIA intends to stimulate the emergence of a robust and structured ecosystem. This approach positions South Korea as a proactive player in the maturation of regional digital asset markets.
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KOFIA amplifies its strategy to boost digital assets in Korea
The digital asset landscape in Korea is undergoing a major turning point. The Korea Financial Investment Association (KOFIA) has decided to boost the ecosystem by establishing a specialized team focused on digital strategy. This initiative signifies an increasing commitment from established financial institutions toward the virtual assets sector.
A New Team Dedicated to Security Tokens
KOFIA has just formed a Digital Strategy Team responsible for supporting its members in deploying innovative projects. According to information relayed by NS3.AI, this structure operates under the auspices of the new K-Capital Market Division, created to orchestrate initiatives in the digital assets field. The team is particularly focused on developing security tokens and blockchain-based investment solutions.
The K-Capital Division: A Strategic Pivot Toward the Digital Ecosystem
Beyond just managing digital assets, the K-Capital Market Division broadens its scope of action. It handles cross-cutting issues including taxation and retirement schemes applied to virtual assets. This holistic approach demonstrates KOFIA’s intention to gradually integrate digital products into the existing regulatory and fiscal framework.
Supporting Companies in the Digital Transition
The team established aims to assist member companies in realizing their digital asset projects. By facilitating the development of security tokens and innovative financial products, KOFIA intends to stimulate the emergence of a robust and structured ecosystem. This approach positions South Korea as a proactive player in the maturation of regional digital asset markets.