Payments Daily · Thursday, November 12, 2026Daily
PAY.NEWS
South Korea fines 15 institutions 1.63 trillion won for collusion in government bond auctions
South Korea’s Fair Trade Commission fined 15 banks and securities firms a total of 1.63 trillion won, alleging they agreed in advance on bid yields and quantities in 145 government bond auctions from January 2020 to June 2023. OKX plans to launch a tokenized securities trading venue on November 23, offering more than 70 assets at launch.
Regulation & Compliance
South Korea fines 15 banks and securities firms 1.63 trillion won for collusion in government bond auctions
South Korea’s Fair Trade Commission fined 15 banks and securities firms a total of 1.63 trillion won for manipulating government bond auctions, a record fine for a single case by the commission. The regulator said the dealers had agreed in advance on bid yields and quantities in 145 of 150 auctions from January 2020 to June 2023; seven other companies will also be referred for investigation.
Companies & Markets
OKXICE plans to launch a tokenized securities trading venue on November 23
OKXICE said it will launch a tokenized securities trading venue on November 23, allowing trading in tokenized shares of U.S.-listed companies. The venue will operate under an SEC exemption valid for five years and expiring in September 2031; companies may file written objections within 30 days of receiving notice. OKX said more than 70 assets will be available at launch, and eligible users can trade supported assets around the clock.