{"id":62464,"date":"2023-11-27T19:42:13","date_gmt":"2023-11-27T10:42:13","guid":{"rendered":"https:\/\/monolith.law\/ko\/?p=62464"},"modified":"2024-03-12T11:58:45","modified_gmt":"2024-03-12T02:58:45","slug":"sto-securitytoken","status":"publish","type":"post","link":"https:\/\/monolith.law\/ko\/it\/sto-securitytoken","title":{"rendered":"STO\uc640 ICO\uc758 \ucc28\uc774\ub294 \ubb34\uc5c7\uc778\uac00? \ubcf4\uc548 \ud1a0\ud070\uc758 \uac1c\ub150\uacfc STO\uc758 \uc758\ubbf8\uc5d0 \ub300\ud574 \uc124\uba85"},"content":{"rendered":"\n<p>\ucd5c\uadfc\uc5d0\ub294 &#8216;\uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \ubc29\ubc95&#8217;\uc73c\ub85c\uc11c STO\uac00 \uc8fc\ubaa9\ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ube14\ub85d\uccb4\uc778 \ub4f1 \uc0c8\ub85c\uc6b4 \uae30\uc220\uc758 \ubd80\uc0c1\uc5d0 \ub530\ub77c \uae08\uc735 \uaddc\uc81c\uac00 \uacc4\uc18d \uc218\uc815\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c, STO \ub610\ub294 \uadf8 \ud575\uc2ec\uc778 &#8216;\ubcf4\uc548 \ud1a0\ud070&#8217;\uc774\ub77c\ub294 \uac1c\ub150\uc758 \ubc95\uc801 \uc704\uce58\ub294 \uc5b4\ub5bb\uac8c \ub418\uc5c8\uc744\uae4c\uc694?<\/p>\n\n\n\n<p>\uadf8\ub9ac\uace0 \uc774\uac83\uc740 \uc790\uae08 \uc870\ub2ec \ubc29\ubc95\uc744 \ub098\ud0c0\ub0b4\ub294 &#8216;ICO&#8217;\ub77c\ub294 \uac1c\ub150\uacfc \ube44\uad50\ud588\uc744 \ub54c, \uc5b4\ub5a4 \uc758\ubbf8\uc5d0\uc11c &#8216;\uc0c8\ub85c\uc6b4&#8217; \uac83\uc778\uc9c0 \uad81\uae08\ud558\uc2e4 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ubcf8 \uae00\uc5d0\uc11c\ub294 \uc704\uc640 \uac19\uc740 \uc9c8\ubb38\uc5d0 \ub300\ud55c \ub2f5\uc744 \uc900\ube44\ud558\uace0, \uc55e\uc73c\ub85c\uc758 \uc2dc\ub300\uc5d0 STO\uc5d0 \ub300\ud574 \ub17c\uc758\ud558\ub294 \uac83\uc758 \uc758\ubbf8\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#STO%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\" title=\"STO\ub780 \ubb34\uc5c7\uc778\uac00\">STO\ub780 \ubb34\uc5c7\uc778\uac00<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EB%B2%95%EB%A5%A0%EC%A0%81_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%B4%EB%9E%80\" title=\"\ubc95\ub960\uc801 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780?\">\ubc95\ub960\uc801 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%ED%91%9C%EC%8B%9C%EA%B6%8C%EB%A6%AC%EB%93%B1%E3%80%8D%EC%9D%98_%EB%B2%95%EC%A0%81_%EC%9C%84%EC%B9%98\" title=\"\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc758 \ubc95\uc801 \uc704\uce58\">\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc758 \ubc95\uc801 \uc704\uce58<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%E3%80%8C%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%E3%80%8D%EC%9D%98_%EB%B2%94%EC%9C%84\" title=\"\u300c\uc720\uac00\uc99d\uad8c\u300d\uc758 \ubc94\uc704\">\u300c\uc720\uac00\uc99d\uad8c\u300d\uc758 \ubc94\uc704<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EA%B6%8C%EB%A6%AC%E3%80%8D%EC%99%80%EC%9D%98_%EA%B4%80%EA%B3%84\" title=\"\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\u300d\uc640\uc758 \uad00\uacc4\">\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\u300d\uc640\uc758 \uad00\uacc4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%ED%91%9C%EC%8B%9C%EA%B6%8C%EB%A6%AC%EB%93%B1%E3%80%8D%EC%9D%B4%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\" title=\"\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc774\ub780 \ubb34\uc5c7\uc778\uac00\">\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc774\ub780 \ubb34\uc5c7\uc778\uac00<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EB%B2%95%EC%A0%81_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%84_%ED%99%9C%EC%9A%A9%ED%95%9C_STO%EC%9D%98_%EC%9D%98%EB%AF%B8\" title=\"\ubc95\uc801 \ubcf4\uc548 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8\">\ubc95\uc801 \ubcf4\uc548 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EC%8B%A4%EC%A7%88%EC%A0%81%EC%9D%B8_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%B4%EB%9E%80\" title=\"\uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780\">\uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EC%82%AC%EC%8B%A4%EC%83%81%EC%9D%98_%EC%8B%9C%ED%81%90%EB%A6%AC%ED%8B%B0_%ED%86%A0%ED%81%B0%EC%9D%84_%ED%99%9C%EC%9A%A9%ED%95%9C_STO%EC%9D%98_%EC%9D%98%EB%AF%B8\" title=\"\uc0ac\uc2e4\uc0c1\uc758 \uc2dc\ud050\ub9ac\ud2f0 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8\">\uc0ac\uc2e4\uc0c1\uc758 \uc2dc\ud050\ub9ac\ud2f0 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#ICO%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\" title=\"ICO\ub780 \ubb34\uc5c7\uc778\uac00\">ICO\ub780 \ubb34\uc5c7\uc778\uac00<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#ICO%EC%99%80_STO%EC%9D%98_%EC%B0%A8%EC%9D%B4\" title=\"ICO\uc640 STO\uc758 \ucc28\uc774\">ICO\uc640 STO\uc758 \ucc28\uc774<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EA%B2%B0%EB%A1%A0_STO%EB%9D%BC%EB%8A%94_%EA%B0%9C%EB%85%90%EC%9D%84_%EB%85%BC%EC%9D%98%ED%95%98%EB%8A%94_%EA%B2%83%EC%9D%98_%EC%9D%98%EB%AF%B8\" title=\"\uacb0\ub860: STO\ub77c\ub294 \uac1c\ub150\uc744 \ub17c\uc758\ud558\ub294 \uac83\uc758 \uc758\ubbf8\">\uacb0\ub860: STO\ub77c\ub294 \uac1c\ub150\uc744 \ub17c\uc758\ud558\ub294 \uac83\uc758 \uc758\ubbf8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/ko\/it\/sto-securitytoken\/#%EB%8B%B9%EC%82%AC%EC%9D%98_%EB%8C%80%EC%B1%85_%EC%95%88%EB%82%B4\" title=\"\ub2f9\uc0ac\uc758 \ub300\ucc45 \uc548\ub0b4\">\ub2f9\uc0ac\uc758 \ub300\ucc45 \uc548\ub0b4<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"STO%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\"><\/span>STO\ub780 \ubb34\uc5c7\uc778\uac00<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>STO\ub294 Security Token Offering\uc758 \uc57d\uc790\ub85c, \uc77c\ubc18\uc801\uc73c\ub85c \uae30\uc5c5 \ub4f1\uc774 \ubcf4\uc548 \ud1a0\ud070\uc744 \ubc1c\ud589\ud558\uc5ec \ub300\uc911\uc73c\ub85c\ubd80\ud130 \uc790\uae08\uc744 \ubaa8\uc73c\ub294 \ud589\uc704\ub97c \ub9d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ubcf4\uc548 \ud1a0\ud070\uc758 \uc815\uc758\uc5d0 \ub300\ud574\uc11c\ub294 \ubc95\uc801\uc73c\ub85c \uba85\ud655\ud55c \uc815\uc758\uac00 \uc874\uc7ac\ud558\uc9c0 \uc54a\uc9c0\ub9cc, \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc5d0 \ub530\ub978 \uc790\uc728\uaddc\uc81c \ub2e8\uccb4\uc778 <a href=\"https:\/\/jstoa.or.jp\/\" target=\"_blank\" rel=\"noreferrer noopener\">\uc77c\ubc18\uc0ac\ub2e8\ubc95\uc778 \uc77c\ubcf8STO\ud611\ud68c[ja]<\/a>(\uc774\ud558 &#8216;\uc77c\ubcf8STO\ud611\ud68c&#8217;)\uc758 \ud648\ud398\uc774\uc9c0\uc5d0\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 \uc124\uba85\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ubcf4\uc548 \ud1a0\ud070(Security Token) (\uc774\ud558 &#8216;ST&#8217;)\uc740 \uc8fc\uc2dd\uc99d\uad8c\uc774\ub098 \uc0ac\ucc44\uc99d\uad8c \ub4f1 \uac00\uce58\uc99d\uad8c\uc5d0 \ud45c\uc2dc\ub41c \uad8c\ub9ac\ub97c \uc804\uc790 \uc815\ubcf4 \ucc98\ub9ac \uc870\uc9c1\uc744 \uc774\uc6a9\ud558\uc5ec \uc774\uc804\ud560 \uc218 \uc788\ub294 \uc7ac\uc0b0\uc801 \uac00\uce58(\ud754\ud788 &#8216;\ud1a0\ud070&#8217;\uc774\ub77c\uace0 \ud45c\ud604\ub429\ub2c8\ub2e4.)\ub97c \ud45c\uc2dc\ud55c \uac83\uc73c\ub85c \uc0dd\uac01\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub9ac\uace0 \uc774\ub7ec\ud55c ST\uc5d0\ub3c4 \uac00\uce58\uc99d\uad8c \uaddc\uc81c\uac00 \uc801\uc6a9\ub41c\ub2e4\ub294 \uac83\uc744 \uba85\ud655\ud788 \ud558\uae30 \uc704\ud574, 2020\ub144 5\uc6d4 1\uc77c(2020\ub144)\uc5d0 \uc2dc\ud589\ub41c \uac1c\uc815 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \ubc0f \uad00\ub828 \uc815\ubd80\ub839(\uc774\ud558 &#8216;\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \ub4f1&#8217;)\uc5d0\uc11c &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uac00\uce58\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac \ub4f1&#8217;\uc774 \uc815\uc758\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<br>\uc774\ub7ec\ud55c ST\ub97c \ubc1c\ud589\ud558\uc5ec \uc790\uae08\uc744 \ubaa8\uc73c\ub294 \ud589\uc704\ub97c \ucd1d\uce6d\ud558\uc5ec STO(Security Token Offering) (\uc774\ud558 &#8216;STO&#8217;)\ub77c\uace0 \ud569\ub2c8\ub2e4.<\/p>\n<cite><a href=\"https:\/\/jstoa.or.jp\/investor\/sto\/#about-sto\" target=\"_blank\" rel=\"noreferrer noopener\">\uc77c\ubcf8STO\ud611\ud68c\uff5cSTO\ub780 \ubb34\uc5c7\uc778\uac00[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>\ub610\ud55c, \uc77c\ubcf8STO\ud611\ud68c\uc758 \ud30c\ud2b8\ub108(\ud6c4\uc6d0\ud68c\uc6d0)\uc778 <a href=\"https:\/\/securitytoken.or.jp\/\" target=\"_blank\" rel=\"noreferrer noopener\">\uc77c\ubc18\uc0ac\ub2e8\ubc95\uc778 \uc77c\ubcf8 \ubcf4\uc548 \ud1a0\ud070 \ud611\ud68c[ja]<\/a>(\uc774\ud558 &#8216;JSTA&#8217;)\uc758 \ud648\ud398\uc774\uc9c0\uc5d0\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 \uc124\uba85\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ubcf4\uc548 \ud1a0\ud070\uc774\ub780, \ube14\ub85d\uccb4\uc778 \ub124\ud2b8\uc6cc\ud06c \uc0c1\uc5d0\uc11c \ubc1c\ud589\ub418\ub294 \ub514\uc9c0\ud138 \ud1a0\ud070 \uc911, \uac00\uce58\uc99d\uad8c\uc774\ub098 \uae30\ud0c0 \uc790\uc0b0\uc774\ub098 \uac00\uce58\uc758 \ub2f4\ubcf4\ub97c \uac00\uc9c4 \uac83\uc744 \ub9d0\ud569\ub2c8\ub2e4. \ube14\ub85d\uccb4\uc778\uc758 \ud2b9\uc131\uc744 \ud65c\uc6a9\ud558\uc5ec, \ub2f4\ubcf4 \uc790\uc0b0\uc5d0 \ub300\ud55c \uad8c\ub9ac\ub97c \uad6d\uacbd \uc5c6\uc774 \uc548\uc804\ud558\uac8c \uc774\uc804\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc77c\ubcf8 \ubc95\uc0c1\uc5d0\uc11c\ub294, \uc77c\ubc18\uc801\uc73c\ub85c \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc0c1 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uac00\uce58\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac \ub4f1&#8217;\uc73c\ub85c \uc815\uc758\ub418\ub294 \uac83\uc744 \uac00\ub9ac\ud0a4\uc9c0\ub9cc, JSTA\uc5d0\uc11c\ub294, \ub3d9\ubc95\uc758 \uc801\uc6a9\uc774 \uc5c6\ub294 \uc790\uc0b0 \ub4f1\uc5d0 \ub300\ud55c \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud55c \uac83 \ubc0f \ud574\ub2f9 \uad8c\ub9ac\ub97c \ud45c\uc2dc\ud558\ub294 \ud1a0\ud070\uc744 \ubcf4\uc548 \ud1a0\ud070\uc758 \uc815\uc758\uc5d0 \ud3ec\ud568\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<cite><a href=\"https:\/\/securitytoken.or.jp\/st%e3%81%ae%e5%ae%9a%e7%be%a9\/\" target=\"_blank\" rel=\"noreferrer noopener\">JSTA\uff5cST\uc758 \uc815\uc758\uc640 JSTA\uc758 \ucee4\ubc84\ub9ac\uc9c0[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>\uc989, &#8216;STO&#8217;\ub098 &#8216;\ubcf4\uc548 \ud1a0\ud070&#8217;\uc774\ub77c\ub294 \uac1c\ub150\uc740, \ub17c\uc790\uc5d0 \ub530\ub77c \uac00\ub9ac\ud0a4\ub294 \ubc94\uc704\uac00 \uc5c4\ubc00\ud788\ub294 \ub2e4\ub97c \uc218 \uc788\ub2e4\ub294 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub798\uc11c, \uc774 \uae00\uc5d0\uc11c\ub294 \uc6b0\uc120 JSTA\ub97c \ub530\ub77c &#8216;\ubcf4\uc548 \ud1a0\ud070&#8217;\uc744 \ud06c\uac8c \ub2e4\uc74c \ub450 \uac00\uc9c0\ub85c \ubd84\ub958\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<ul>\n<li>\ubc95\ub960\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070(=\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc0c1\uc758 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uac00\uce58\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac \ub4f1&#8217;)<\/li>\n\n\n\n<li>\uc0ac\uc2e4\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070(=\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \ub4f1\uc758 \ubc95\ub960\uc758 \uc801\uc6a9\uc774 \uc5c6\ub294 \uc790\uc0b0 \ub4f1\uc5d0 \ub300\ud55c \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud55c \uac83 \ubc0f \ud574\ub2f9 \uad8c\ub9ac\ub97c \ud45c\uc2dc\ud558\ub294 \ud1a0\ud070)<\/li>\n<\/ul>\n\n\n\n<p>\uadf8\ub9ac\uace0, STO\uc5d0 \ub300\ud574 \uc0dd\uac01\ud560 \ub54c\ub294, \uc5b4\ub290 \ubcf4\uc548 \ud1a0\ud070\uc5d0 \ub300\ud55c \uac83\uc778\uc9c0\ub97c \uba85\ud655\ud558\uac8c \uad6c\ubd84\ud558\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4. \uc65c\ub0d0\ud558\uba74, \ubc95\ub960\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uc5d0 \ud574\ub2f9\ud558\ub294 \uacbd\uc6b0\uc5d0\ub294 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc758 \uacf5\uc2dc\uaddc\uc81c\ub098 \uc5c5\uaddc\uc81c \ub4f1\uc774 \uc801\uc6a9\ub418\ub294 \ubc18\uba74, \uc0ac\uc2e4\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uc5d0 \ub300\ud574\uc11c\ub294 \uc774\ub7ec\ud55c \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uc9c0 \uc54a\uae30 \ub54c\ubb38\uc5d0, \uc694\uad6c\ub418\ub294 \uc808\ucc28 \ub4f1\uc5d0 \ud070 \ucc28\uc774\uac00 \uc788\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub530\ub77c\uc11c, \uc544\ub798\uc5d0\uc11c\ub294 \ubc95\ub960\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uacfc \uc0ac\uc2e4\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uc73c\ub85c \ub098\ub204\uc5b4, \uac01\uac01\uc758 STO\uc758 \uc758\ubbf8\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B2%95%EB%A5%A0%EC%A0%81_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%B4%EB%9E%80\"><\/span>\ubc95\ub960\uc801 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\ubc95\ub960\uc801 \ubcf4\uc548(\uc99d\uad8c)\uc774\ub780, \uc77c\ubcf8\uc758 &#8216;\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95(Japanese Financial Instruments and Exchange Act)&#8217;\uc5d0 \ub530\ub978 &#8216;\uc720\uac00\uc99d\uad8c&#8217;\uc744 \uc758\ubbf8\ud558\uba70, \ud1a0\ud070\uc740 \ubc95\ub960\uc801\uc73c\ub85c &#8216;\uad8c\ub9ac\uac00 \uc804\uc790\uc801\uc73c\ub85c \uae30\ub85d \ubc0f \uc774\uc804 \uac00\ub2a5\ud55c \uc7ac\uc0b0\uc801 \uac00\uce58\uc5d0 \ud45c\uc2dc\ub41c \uac83&#8217;\uc73c\ub85c \ud45c\ud604\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\ubcf8 \uae00\uc5d0\uc11c\ub294 \uad8c\ub9ac\ub97c \ud1a0\ud070\uc5d0 \ud45c\uc2dc\ud558\uae30 \uc704\ud55c \uc804\uc790\uc801 \ucc98\ub9ac\ub97c &#8216;\ud1a0\ud070\ud654&#8217;\ub77c\uace0 \ud45c\ud604\ud569\ub2c8\ub2e4. \uc5ec\uae30\uc11c \ub9d0\ud558\ub294 \uc804\uc790\uc801 \ucc98\ub9ac\ub294 \uc8fc\ub85c \ube14\ub85d\uccb4\uc778 \uae30\uc220\uc744 \uc5fc\ub450\uc5d0 \ub450\uace0 \uc788\uc9c0\ub9cc, \ubc18\ub4dc\uc2dc \uc774\uc5d0 \ud55c\uc815\ub418\ub294 \uac83\uc740 \uc544\ub2d9\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub9ac\uace0 \ubc95\ub960\uc801 \ubcf4\uc548 \ud1a0\ud070\uc744 \uac04\uacb0\ud558\uac8c \ud45c\ud604\ud55c \uac83\uc774 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1(Japanese Electronic Record Transferable Securities)&#8217;\uc774\ub77c\ub294 \uac1c\ub150\uc785\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uadf8 \ubc95\uc801 \uc704\uce58\ub294 \ub2e4\uc18c \ubcf5\uc7a1\ud558\ubbc0\ub85c, \uc21c\uc11c\ub300\ub85c \uc790\uc138\ud788 \uc0b4\ud3b4\ubcf4\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%ED%91%9C%EC%8B%9C%EA%B6%8C%EB%A6%AC%EB%93%B1%E3%80%8D%EC%9D%98_%EB%B2%95%EC%A0%81_%EC%9C%84%EC%B9%98\"><\/span>\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc758 \ubc95\uc801 \uc704\uce58<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc870\uae08 \uae38\uae30 \ub54c\ubb38\uc5d0, \ub2e4\uc74c\uacfc \uac19\uc774 \ubd84\ud574\ud574 \ubcf4\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<ul>\n<li>\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\u300d<\/li>\n\n\n\n<li>\u300c\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\u300d<\/li>\n\n\n\n<li>\u300c\ub4f1\u300d<\/li>\n<\/ul>\n\n\n\n<p>\uba3c\uc800, \u300c\uc804\uc790\uae30\ub85d\uc774\uc804\u300d\uc740 &#8220;\uc804\uc790\uc801\uc73c\ub85c \uae30\ub85d\u00b7\uc774\uc804 \uac00\ub2a5\ud55c~&#8221;\uc774\ub77c\ub294 \uc758\ubbf8\ub85c, \uc55e\uc11c \uc5b8\uae09\ud55c &#8216;\ud1a0\ud070\ud654&#8217;\ub41c \uac83\uc744 \uac00\ub9ac\ud0b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub2e4\uc74c\uc73c\ub85c &#8216;\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac&#8217;\uc778\ub370, \uc774\uc5d0 \ub300\ud574\uc11c\ub294, \uc804\uc81c\ub85c\uc11c, &#8216;\uc720\uac00\uc99d\uad8c&#8217;\uc774\ub77c\ub294 \ubc95\ub960\uc0c1\uc758 \uac1c\ub150\uc744 \uc815\ud655\ud788 \uc774\ud574\ud558\ub294 \uac83\uc774 \ud544\uc694\ud558\ubbc0\ub85c, \uc544\ub798\uc5d0\uc11c \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E3%80%8C%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%E3%80%8D%EC%9D%98_%EB%B2%94%EC%9C%84\"><\/span>\u300c\uc720\uac00\uc99d\uad8c\u300d\uc758 \ubc94\uc704<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc720\uac00\uc99d\uad8c\uc740 \uc77c\ubcf8\uc758 &#8216;\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95(Japanese Financial Instruments and Exchange Act)&#8217;\uc758 \uc801\uc6a9 \ubc94\uc704\ub97c \uacb0\uc815\ud558\ub294 \uae30\ubcf8 \uac1c\ub150\uc774\uc9c0\ub9cc, \ub2e8\uc21c\ud788 \uc720\uac00\uc99d\uad8c\uc774\ub77c\uace0 \ud574\uc11c \ubaa8\ub450 \uac19\uc740 \uac83\uc740 \uc544\ub2d9\ub2c8\ub2e4. \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc5d0\uc11c\ub294 \ud06c\uac8c &#8216;\uc81c1\ud56d \uc720\uac00\uc99d\uad8c&#8217;\uacfc &#8216;\ucd94\uc815 \uc720\uac00\uc99d\uad8c&#8217;\uc73c\ub85c \ubd84\ub958\ud558\uace0 \uc788\uc73c\uba70, \uadf8 \uc885\ub958\uc5d0 \ub530\ub77c \uacf5\uc2dc \uaddc\uc81c\ub098 \uc5c5\ubb34 \uaddc\uc81c\uc758 \uc801\uc6a9 \uad00\uacc4\uac00 \ub2e4\ub985\ub2c8\ub2e4.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<figure class=\"wp-block-image size-full is-style-default\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2022\/09\/a264a031ec0bb22828cdb26e90f7b61b.png\" alt=\"\u300c\uc720\uac00\uc99d\uad8c\u300d\uc758 \ubc94\uc704\" class=\"wp-image-50681\" \/><\/figure>\n<\/div><\/div>\n\n\n\n<p>\uadf8\ub9ac\uace0 \uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uacfc \ucd94\uc815 \uc720\uac00\uc99d\uad8c\uc744 \uad6c\ubd84\ud558\ub294 \uae30\uc900\uc740 &#8216;\uc720\ud1b5\uc131\uc758 \ub192\uc74c&#8217;\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc720\ud1b5\uc131\uc774 \ub192\uc740 \uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uc5d0\ub294 \uc6d0\uce59\uc801\uc73c\ub85c \uacf5\uc2dc \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uba70, \uc5c5\ubb34 \uaddc\uc81c\uc5d0\uc11c\ub3c4 \uc5c4\uaca9\ud55c \uaddc\uc81c\ub97c \ubc1b\uc2b5\ub2c8\ub2e4. \ubc18\uba74, \uc720\ud1b5\uc131\uc774 \ub0ae\uc740 \ucd94\uc815 \uc720\uac00\uc99d\uad8c\uc5d0\ub294 \uc6d0\uce59\uc801\uc73c\ub85c \uacf5\uc2dc \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uc9c0 \uc54a\uc73c\uba70, \uc5c5\ubb34 \uaddc\uc81c\ub3c4 \uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uc5d0 \ube44\ud574 \uc0c1\ub300\uc801\uc73c\ub85c \uc644\ud654\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uc740 \uc720\uac00\uc99d\uad8c\uc774 \uc885\uc774(\uc99d\uc11c)\ub85c \ubc1c\ud589\ub418\uc5b4 \uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\ub418\uae30 \ub54c\ubb38\uc5d0 \uc720\ud1b5\uc131\uc774 \ub192\uc740 \ud3b8\uc774\uba70, \ubc18\uba74\uc5d0 \ucd94\uc815 \uc720\uac00\uc99d\uad8c\uc740 \uc99d\uc11c\uac00 \ubc1c\ud589\ub418\uc9c0 \uc54a\ub294 &#8216;\uad8c\ub9ac\ub77c\ub294 \ucd94\uc0c1\uc801 \uac1c\ub150\uc744 \uc720\uac00\uc99d\uad8c\uc73c\ub85c \uac04\uc8fc\ud558\ub294&#8217; \uac83\uc774\ubbc0\ub85c, \uc720\ud1b5\uc131\uc774 \ub0ae\uc740 \uac83\uc73c\ub85c \uc0dd\uac01\ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc989, &#8216;\uc720\uac00\uc99d\uad8c \ud45c\uc2dc \uad8c\ub9ac&#8217;\ub780, \uc6d0\ub798\ub77c\uba74 \uc81c1\ud56d \uac01\ud638\uc5d0 \uba85\uc2dc\ub41c \uc720\uac00\uc99d\uad8c\uc5d0 \ud45c\uc2dc\ub418\uc5b4\uc57c \ud560 \uad8c\ub9ac\uac00, \uc885\uc774\ub85c \ubc1c\ud589\ub418\uc9c0 \uc54a\ub294(\uac04\ub2e8\ud788 \ub9d0\ud558\uba74, \uc804\uc790\uc801\uc73c\ub85c \ubc1c\ud589\ub418\ub294) \uacbd\uc6b0\uc758 \ud574\ub2f9 \uad8c\ub9ac\ub97c \ub9d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \uc774\ub807\uac8c \uc804\uc790\uc801\uc73c\ub85c \ubc1c\ud589\ub418\ub294 \uad8c\ub9ac\uc5d0 \ub300\ud574\uc11c\ub294 \uae4c\ub2e4\ub85c\uc6b4 \uc810\uc774, \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc5d0\uc11c &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac&#8217;\ub77c\ub294 \ub2e4\ub978 \uac1c\ub150\uc774 \uc874\uc7ac\ud558\uae30 \ub54c\ubb38\uc5d0, \uc774\uc5d0 \ub300\ud574\uc11c\ub3c4 \uc124\uba85\uc774 \ud544\uc694\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EA%B6%8C%EB%A6%AC%E3%80%8D%EC%99%80%EC%9D%98_%EA%B4%80%EA%B3%84\"><\/span>\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\u300d\uc640\uc758 \uad00\uacc4<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>STO\ub294 \uc885\uc885 &#8216;\uc0c8\ub85c\uc6b4 \uc790\uae08\uc870\ub2ec \uc218\ub2e8&#8217;\uc73c\ub85c \ud45c\ud604\ub418\ub294\ub370, \uae30\uc874\uc758 \uc720\uac00\uc99d\uad8c \uc720\ud615\uc5d0 \ubc18\ub4dc\uc2dc \uc18d\ud558\uc9c0 \uc54a\ub294 \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud558\ub294 \uc810\uc774 \ud2b9\uc9d5\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95(Japanese Financial Instruments and Exchange Act)\uc740 \uc774\ub7ec\ud55c \uc0c8\ub85c\uc6b4 \uae08\uc735\uc0c1\ud488\uc5d0\ub3c4 \ub300\uc751\ud560 \uc218 \uc788\ub3c4\ub85d, \uadf8 \uc801\uc6a9 \ubc94\uc704\uc758 \uc678\uacfd\uc744 \uadf8\ub9ac\ub294 \ud3ec\uad04\uc801\uc778 \uaddc\uc815\uc73c\ub85c\uc11c \uc81c2\uc870 \uc81c2\ud56d \uc81c5\ud638\ub97c \ub450\uace0 \uc788\uc73c\uba70, \uc77c\ubc18\uc801\uc73c\ub85c, \ub3d9\ud638\uc5d0 \uac8c\uc2dc\ub41c \uad8c\ub9ac\ub97c &#8216;\uc9d1\ub2e8\ud22c\uc790\uc2a4\ud0a4\ub9c8 \uc9c0\ubd84&#8217;\uc774\ub77c\uace0 \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub9ac\uace0 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc740, \uc9d1\ub2e8\ud22c\uc790\uc2a4\ud0a4\ub9c8 \uc9c0\ubd84\uc744 \ud3ec\ud568\ud558\ub294 \uc81c2\uc870 \uc81c2\ud56d \uac01\ud638\uc5d0 \uac8c\uc2dc\ub41c \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud55c \uac83\uc744 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac&#8217;\ub85c\uc11c \uaddc\uc728\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc989, &#8216;\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac&#8217;\uc640 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac&#8217;\ub294 \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud558\ub294 \uc810\uc5d0\uc11c \uacf5\ud1b5\uc810\uc774 \uc788\uc9c0\ub9cc, \ud1a0\ud070\ud654\ud558\ub294 \ub300\uc0c1\uc758 \uad8c\ub9ac\uc5d0 \ucc28\uc774\uac00 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2022\/09\/0272aa24a008f8af345139a2be808d6c-1024x105.png\" alt=\"\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\u300d\uc640\uc758 \uad00\uacc4\" class=\"wp-image-50673\" \/><\/figure>\n\n\n\n<p>\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\uc5d0 \ud574\ub2f9\ud558\uba74, \uc6d0\ub798\ub77c\uba74 \uc720\ud1b5\uc131\uc774 \ub0ae\uc544 \uacf5\uc2dc\uaddc\uc81c\uc758 \uc801\uc6a9\uc774 \uc5c6\ub294 \uac00\uba85\uc720\uac00\uc99d\uad8c\uc774\uc9c0\ub9cc, \uacf5\uc2dc\uaddc\uc81c\uc758 \uc801\uc6a9\uc0c1\uc740 \uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uc73c\ub85c \ucde8\uae09\ub418\ub294(\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c2\uc870 \uc81c3\ud56d) \ud2b9\uc218\uc131\uc774 \uc788\uc2b5\ub2c8\ub2e4(\ub610\ud55c, \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c28\uc870 \uc81c1\ud56d \uc81c1\ud638\ub294, \uc5c5\uaddc\uc81c\uc758 \uc801\uc6a9\uc0c1\ub3c4 \uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\ub97c \uc81c1\ud56d \uc720\uac00\uc99d\uad8c\uacfc \ub3d9\ub4f1\ud558\uac8c \ucde8\uae09\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\uc774 \ubc95\uc5d0\uc11c &#8216;\uc720\uac00\uc99d\uad8c\uc758 \ubaa8\uc9d1&#8217;\uc774\ub780, \uc0c8\ub85c \ubc1c\ud589\ub418\ub294 \uc720\uac00\uc99d\uad8c\uc758 \ucde8\ub4dd\uc758 \uc2e0\uccad\uc758 \uad8c\uc720(\uc774\uc5d0 \uc720\uc0ac\ud55c \uac83\uc73c\ub85c\uc11c \ub0b4\uac01\ubd80\ub839\uc73c\ub85c \uc815\ud558\ub294 \uac83(\ub2e4\uc74c \ud56d\uc5d0\uc11c &#8216;\ucde8\ub4dd\uad8c\uc720\uc720\uc0ac\ud589\uc704&#8217;\ub77c \ud55c\ub2e4.)\uc744 \ud3ec\ud568\ud55c\ub2e4. \uc774\ud558 &#8216;\ucde8\ub4dd\uad8c\uc720&#8217;\ub77c \ud55c\ub2e4.) \uc911\uc5d0\uc11c, \ud574\ub2f9 \ucde8\ub4dd\uad8c\uc720\uac00 \uc81c1\ud56d \uac01\ud638\uc5d0 \uac8c\uc2dc\ub41c \uc720\uac00\uc99d\uad8c \ub610\ub294 \uc804\ud56d\uc758 \uaddc\uc815\uc5d0 \uc758\ud574 \uc720\uac00\uc99d\uad8c\uc73c\ub85c \uac04\uc8fc\ub418\ub294 \uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac, \ud2b9\uc815\uc804\uc790\uae30\ub85d\ucc44\uad8c \ub610\ub294 \ub3d9\ud56d(\u203b\uc791\uc131\uc790\uc8fc: \uc81c2\uc870 \uc81c2\ud56d) \uac01\ud638\uc5d0 \uac8c\uc2dc\ub41c \uad8c\ub9ac(\uc804\uc790\uc815\ubcf4\ucc98\ub9ac\uc870\uc9c1\uc744 \uc774\uc6a9\ud558\uc5ec \uc774\uc804\ud560 \uc218 \uc788\ub294 \uc7ac\uc0b0\uc801 \uac00\uce58(\uc804\uc790\uae30\uae30 \uadf8 \ubc16\uc758 \ubb3c\uac74\uc5d0 \uc804\uc790\uc801 \ubc29\ubc95\uc73c\ub85c \uae30\ub85d\ub418\ub294 \uac83\uc73c\ub85c \ud55c\uc815\ud55c\ub2e4.)\uc5d0 \ud45c\uc2dc\ub418\ub294 \uacbd\uc6b0(\uc720\ud1b5\uc131 \uadf8 \ubc16\uc758 \uc0ac\uc815\uc744 \uac10\uc548\ud558\uc5ec \ub0b4\uac01\ubd80\ub839\uc73c\ub85c \uc815\ud558\ub294 \uacbd\uc6b0\ub97c \uc81c\uc678\ud55c\ub2e4.)\uc5d0 \ud55c\uc815\ud55c\ub2e4. \uc774\ud558 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac&#8217;\ub77c \ud55c\ub2e4.) (\ub2e4\uc74c \ud56d \ubc0f \uc81c6\ud56d, \uc81c2\uc870\uc758 \uc0bc \uc81c4\ud56d \ubc0f \uc81c5\ud56d \uadf8\ub9ac\uace0 \uc81c23\uc870\uc758 \uc2ed\uc0bc \uc81c4\ud56d\uc5d0\uc11c &#8216;\uc81c1\ud56d \uc720\uac00\uc99d\uad8c&#8217;\uc774\ub77c \ud55c\ub2e4.)\uc5d0 \uad00\ud55c \uac83\uc778 \uacbd\uc6b0\uc5d0\ub294 \uc81c1\ud638 \ubc0f \uc81c2\ud638\uc5d0 \uac8c\uc2dc\ub41c \uacbd\uc6b0, \ud574\ub2f9 \ucde8\ub4dd\uad8c\uc720\uac00 \uc804\ud56d\uc758 \uaddc\uc815\uc5d0 \uc758\ud574 \uc720\uac00\uc99d\uad8c\uc73c\ub85c \uac04\uc8fc\ub418\ub294 \ub3d9\ud56d \uac01\ud638\uc5d0 \uac8c\uc2dc\ub41c \uad8c\ub9ac(\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\ub97c \uc81c\uc678\ud55c\ub2e4. \ub2e4\uc74c \ud56d, \uc81c2\uc870\uc758 \uc0bc \uc81c4\ud56d \ubc0f \uc81c5\ud56d \uadf8\ub9ac\uace0 \uc81c23\uc870\uc758 \uc2ed\uc0bc \uc81c4\ud56d\uc5d0\uc11c &#8216;\uc81c2\ud56d \uc720\uac00\uc99d\uad8c&#8217;\uc774\ub77c \ud55c\ub2e4.)\uc5d0 \uad00\ud55c \uac83\uc778 \uacbd\uc6b0\uc5d0\ub294 \uc81c3\ud638\uc5d0 \uac8c\uc2dc\ub41c \uacbd\uc6b0\uc5d0 \ud574\ub2f9\ud558\ub294 \uac83\uc744 \ub9d0\ud558\uba70, &#8216;\uc720\uac00\uc99d\uad8c\uc758 \uc0ac\ubaa8&#8217;\ub780, \ucde8\ub4dd\uad8c\uc720\uc774\uba74\uc11c \uc720\uac00\uc99d\uad8c\uc758 \ubaa8\uc9d1\uc5d0 \ud574\ub2f9\ud558\uc9c0 \uc54a\ub294 \uac83\uc744 \ub9d0\ud55c\ub2e4.<\/p>\n<cite>\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c2\uc870 \uc81c3\ud56d<\/cite><\/blockquote>\n\n\n\n<p>\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\uc5d0 \ub300\ud55c \uaddc\uc81c\uac00 \uc774\ub7ec\ud55c \ud2b9\uc218\ud55c \uad6c\uc870\ub85c \ub418\uc5b4 \uc788\ub294 \uc774\uc720\ub294 \ub450 \uac00\uc9c0\uac00 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud558\ub098\ub294, \ud1a0\ud070 \uc124\uacc4\uc758 \uc790\uc720\ub3c4\uac00 \ub192\uc544\uc11c, \uadf8 \uc678\uc758 \uc720\uac00\uc99d\uad8c\uacfc \ub3d9\ub4f1\ud558\uac8c \uba85\ubb38\uc73c\ub85c \uac1c\ubcc4\uc801\uc73c\ub85c \uc5f4\uac70\ud558\ub294 \uac83\uc774 \uc5b4\ub835\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \ub610 \ub2e4\ub978 \ud558\ub098\ub294, \uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\ub294 \uc9d1\ub2e8\ud22c\uc790\uc2a4\ud0a4\ub9c8 \uc9c0\ubd84 \uac1c\ub150\uc5d0 \ud3ec\ud568 \uac00\ub2a5\ud558\uc9c0\ub9cc, \uadf8\ub807\uac8c \ub418\uba74 \uacf5\uc2dc\uaddc\uc81c\uc758 \uc801\uc6a9\uc774 \uc5c6\ub294 \uc81c2\ud56d \uc720\uac00\uc99d\uad8c\uc5d0 \uc704\uce58\ud558\uac8c \ub418\uc5b4, \uadf8\ub300\ub85c\ub77c\uba74 \ube14\ub85d\uccb4\uc778 \uc0c1\uc5d0\uc11c \uac70\ub798\ub418\ub294 \uae4c\ub2ed\uc5d0 \uc720\ud1b5\uc131\uc774 \ub192\uc544\uc9c0\ub294 \ud1a0\ud070\uc758 \ud2b9\uc131\uc5d0 \ub300\uc751\ud560 \uc218 \uc5c6\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\uc758 \uc815\uc758\uac00, \uc720\uac00\uc99d\uad8c\uc758 \uc815\uc758 \uaddc\uc815\uc774 \uc544\ub2c8\ub77c, \uacf5\uc2dc\uaddc\uc81c\uc758 \uc801\uc6a9 \ubc94\uc704\ub97c \uadf8\ub9ac\ub294 &#8216;\uc720\uac00\uc99d\uad8c\uc758 \ubaa8\uc9d1&#8217;\uc758 \uc815\uc758 \uaddc\uc815 \uc548\uc5d0 \ub193\uc5ec \uc788\ub294 \uac83\ub3c4 \uadf8 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc5ec\uae30\uc5d0\uc11c\ub294 \uc790\uc138\ud788 \uc124\uba85\ud558\uc9c0 \uc54a\uaca0\uc9c0\ub9cc, \ub0b4\uac01\ubd80\ub839\uc5d0 \uc758\ud574 \uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac\uc5d0\uc11c \uc81c\uc678\ub418\uc5b4 \uc788\ub294 \uac83\uc5d0 \ub300\ud574\uc11c\ub294, \uc804\uc790\uc801\uc73c\ub85c \ubc1c\ud589\ub418\uace0 \uc788\ub294 \uacbd\uc6b0\ub77c\ub3c4, \ud3c9\uc0c1\uc2dc\ucc98\ub7fc \uac00\uba85\uc720\uac00\uc99d\uad8c\uc73c\ub85c \ucde8\uae09\ub429\ub2c8\ub2e4(\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c2\uc870\uc5d0 \uaddc\uc815\ud558\ub294 \uc815\uc758\uc5d0 \uad00\ud55c \ub0b4\uac01\ubd80\ub839 \uc81c9\uc870\uc758 2).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E3%80%8C%EC%A0%84%EC%9E%90%EA%B8%B0%EB%A1%9D%EC%9D%B4%EC%A0%84%EC%9C%A0%EA%B0%80%EC%A6%9D%EA%B6%8C%ED%91%9C%EC%8B%9C%EA%B6%8C%EB%A6%AC%EB%93%B1%E3%80%8D%EC%9D%B4%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\"><\/span>\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc774\ub780 \ubb34\uc5c7\uc778\uac00<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc774\ub97c \uc804\uc81c\ub85c, \u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc758 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc0c1\uc758 \uc704\uce58\ub97c \ud655\uc778\ud574\ubd05\uc2dc\ub2e4.<\/p>\n\n\n\n<p>\uc0ac\uc2e4, \uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\uc774\ub77c\ub294 \uac1c\ub150\uc740 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc758 \ubcf8\uce59\uc774 \uc544\ub2c8\ub77c, \u300c\uae08\uc735\uc0c1\ud488\uac70\ub798\uc5c5\uc5d0 \uad00\ud55c \ub0b4\uac01\ubd80\ub839\u300d(\uc774\ud558 &#8216;\uc5c5\ubd80\ub839&#8217;)\uc5d0\uc11c \uc815\uc758\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4(\uc5c5\ubd80\ub839 \uc81c1\uc870 \uc81c4\ud56d \uc81c17\ud638).<\/p>\n\n\n\n<p>\uadf8\uc5d0 \ub530\ub974\uba74, \uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\uc774\ub780, \u300c\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c29\uc870\uc7582 \uc81c1\ud56d \uc81c8\ud638\uc5d0 \uaddc\uc815\ud558\ub294 \uad8c\ub9ac\u300d(\uc544\ub798)\ub85c \uc815\uc758\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\uc81c2\uc870 \uc81c2\ud56d\uc758 \uaddc\uc815\uc5d0 \ub530\ub77c \uc720\uac00\uc99d\uad8c\uc73c\ub85c \uac04\uc8fc\ub418\ub294 \uad8c\ub9ac(\ud574\ub2f9 \uad8c\ub9ac\uc5d0 \uad00\ud55c \uae30\ub85d \ub610\ub294 \uc774\uc804\uc758 \ubc29\ubc95 \uadf8 \uc678\uc758 \uc0ac\uc815\uc744 \uace0\ub824\ud558\uc5ec, \uacf5\uc775 \ub610\ub294 \ud22c\uc790\uc790 \ubcf4\ud638\ub97c \uc704\ud574 \ud2b9\ud788 \ud544\uc694\ud55c \uac83\uc73c\ub85c\uc11c \ub0b4\uac01\ubd80\ub839\uc73c\ub85c \uc815\ud558\ub294 \uac83\uc5d0 \ud55c\uc815\ud55c\ub2e4.)<\/p>\n<cite>\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c29\uc870\uc7582 \uc81c1\ud56d \uc81c8\ud638<\/cite><\/blockquote>\n\n\n\n<p>\uc989, &#8216;\uac04\uc8fc\uc720\uac00\uc99d\uad8c&#8217; \uc911 \ud1a0\ud070\ud654\ub41c \uac83(\uc5c5\ubd80\ub839 \uc81c6\uc870\uc7583)\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>&#8216;\ub4f1&#8217;\uc774\ub77c\uace0 \ud45c\uc2dc\ub41c \uac83\uc740, \ud1a0\ud070\ud654\uc758 \ub300\uc0c1\uc774 \uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub97c \ud3ec\ud568\ud55c &#8216;\uac04\uc8fc\uc720\uac00\uc99d\uad8c&#8217; \uc804\uccb4\uc774\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc989, &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1&#8217;\uc5d0\ub294 &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uad8c\ub9ac&#8217;\ub3c4 \ud3ec\ud568\ub41c\ub2e4\ub294 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2022\/09\/34be788831efd1b96b2c0a91310ade52-1024x164.png\" alt=\"\u300c\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1\u300d\uc774\ub780 \ubb34\uc5c7\uc778\uac00\" class=\"wp-image-51469\" \/><\/figure>\n\n\n\n<p>\ucc38\uace0\ub85c, &#8216;\uc804\uc790\uae30\ub85d\uc774\uc804\uc720\uac00\uc99d\uad8c\ud45c\uc2dc\uad8c\ub9ac\ub4f1&#8217;\uc758 \uac1c\ub150\uc774 \uc5c5\ubd80\ub839\uc5d0\uc11c \uaddc\uc728\ub418\uace0 \uc788\ub294 \uac83\uc740, \uc704\uc5d0\uc11c \uc5b8\uae09\ud55c \ubc14\uc640 \uac19\uc774, \ud1a0\ud070\ud654\uc758 \uac1c\ub150\uc774 \uacf5\uc2dc\uaddc\uc81c\uc5d0 \uad00\ud55c \uc870\ud56d\uc5d0\uc11c \uaddc\uc728\ub418\uace0 \uc788\uc73c\uba70, \uc5c5\ubb34\uaddc\uc81c\uc758 \uc801\uc6a9\uc5d0\uc11c\ub3c4, \ud1a0\ud070\ud654\uac00 \ub3d9\ubc18\ub418\ub294 \ud2b9\uc720\uc758 \uaddc\uc81c(\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c29\uc870\uc7582 \uc81c1\ud56d \uc81c8\ud638 \ub4f1)\ub97c \uc801\uc6a9\ud558\uae30 \uc704\ud568\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B2%95%EC%A0%81_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%84_%ED%99%9C%EC%9A%A9%ED%95%9C_STO%EC%9D%98_%EC%9D%98%EB%AF%B8\"><\/span>\ubc95\uc801 \ubcf4\uc548 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc55e\uc11c \uc124\uba85\ud55c \ubc14\uc640 \uac19\uc774, \ubc95\uc801 \ubcf4\uc548 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\ub294 \uc5c4\uaca9\ud55c \uae08\uc735 \uaddc\uc81c\ub97c \uc900\uc218\ud568\uc73c\ub85c\uc368, \ud22c\uc790\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294 \ubc1c\ud589\uc790\uc758 \uc2e0\uc6a9\uc131\uc774 \uc77c\uc815 \uc218\uc900 \ubcf4\uc7a5\ub418\uc9c0\ub9cc, \uadf8 \ubc18\uba74 \uc808\ucc28\uc5d0\ub294 \uc2dc\uac04\uc774 \ud544\uc694\ud558\uae30 \ub54c\ubb38\uc5d0, \uc2e0\uc18d\ud55c \uc790\uae08 \uc870\ub2ec\uc740 \uc5b4\ub835\ub2e4\ub294 \ud2b9\uc9d5\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%8B%A4%EC%A7%88%EC%A0%81%EC%9D%B8_%EB%B3%B4%EC%95%88_%ED%86%A0%ED%81%B0%EC%9D%B4%EB%9E%80\"><\/span>\uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\ud55c\ud3b8, STO\uc758 \uc758\ubbf8\ub97c \uace0\ub824\ud560 \ub54c, \uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc744 \ubb34\uc2dc\ud560 \uc218 \uc5c6\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc55e\uc11c \uc5b8\uae09\ud55c \ubc14\uc640 \uac19\uc774, \uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc774\ub780, \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \ub4f1\uc758 \ubc95\ub960\uc774 \uc801\uc6a9\ub418\uc9c0 \uc54a\ub294 \uc790\uc0b0 \ub4f1\uc5d0 \ub300\ud55c \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud55c \uac83\uacfc \ud574\ub2f9 \uad8c\ub9ac\ub97c \ud45c\uc2dc\ud558\ub294 \ud1a0\ud070\uc744 \ub9d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>JSTA\uc758 \ubd84\ub958\uc5d0 \ub530\ub974\uba74, \uc544\ub798 \uadf8\ub9bc\uc758 &#8216;\uad11\uc758\uc758 ST&#8217;\uc5d0 \uc758\ud574\uc11c\ub9cc \ucee4\ubc84\ub418\ub294 \ubd80\ubd84(&#8216;\uc704\uc758 \ub2e4\ub978 \uc790\uc0b0\uc758 \uad8c\ub9ac\ub97c \ud1a0\ud070\ud654\ud55c \uac83&#8217;)\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2022\/09\/0acb377d10ecd2da5be08f90e77979b9-1024x761.png\" alt=\"\uc77c\ubcf8 STO \ud611\ud68c\uc5d0 \uc758\ud55c \ubcf4\uc548 \ud1a0\ud070\uc758 \uc815\uc758\uc640 \ubd84\ub958\" class=\"wp-image-51372\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/securitytoken.or.jp\/st%E3%81%AE%E5%AE%9A%E7%BE%A9\/\" target=\"_blank\" rel=\"noreferrer noopener\">JSTA\uc5d0 \uc758\ud55c \ubcf4\uc548 \ud1a0\ud070\uc758 \uc815\uc758\uc640 \ubd84\ub958[ja]<\/a><\/figcaption><\/figure>\n\n\n\n<p>\ub610\ud55c, \ubd80\ub3d9\uc0b0 \ud2b9\uc815 \uacf5\ub3d9 \uc0ac\uc5c5\ubc95(\uc774\ud558 &#8216;\ubd80\ud2b9\ubc95&#8217;)\uc5d0 \ub530\ub978 \ucd9c\uc790 \uc9c0\ubd84\uc740, \uc9d1\ub2e8 \ud22c\uc790 \uc2a4\ud0a4\ub9c8 \uc9c0\ubd84\uc5d0\uc11c \uba85\ubb38\uc73c\ub85c \uc81c\uc678\ub418\uc5b4 \uc788\uc5b4(\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c2\uc870 \uc81c2\ud56d \uc81c5\ud638 \ud558) &#8216;\uc720\uac00\uc99d\uad8c&#8217;\uc5d0 \ud574\ub2f9\ud558\uc9c0 \uc54a\uc9c0\ub9cc, \uae30\ubcf8\uc801\uc73c\ub85c\ub294 \uc9d1\ub2e8 \ud22c\uc790 \uc2a4\ud0a4\ub9c8 \uc9c0\ubd84\uc778 \uc131\uc9c8(\ud22c\uc790\uc131)\uc744 \uac00\uc9c0\uace0 \uc788\uc73c\uba70, \uc801\ud569\uc131\uc758 \uc6d0\uce59\uc774\ub098 \uc190\uc2e4 \ubcf4\uc0c1\uc758 \uae08\uc9c0 \ub4f1 \uc77c\ubd80\uc758 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc758 \uaddc\uc728\uc744 \uc900\uc6a9\ud558\uace0 \uc788\uc5b4(\ubd80\ud2b9\ubc95 \uc81c21\uc870\uc7582), \uc774\uac83\ub3c4 \ub113\uac8c \ubcf4\uba74 \ubc95\ub960\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uc774\ub77c\uace0 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud55c\ud3b8, \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc774\ub098 \uc790\uae08\uacb0\uc81c\ubc95 \ub4f1\uc758 \ubc95\uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uc9c0 \uc54a\ub3c4\ub85d \uc124\uacc4\ub41c \ud68c\uc6d0\uad8c\uc774\ub098 \uae08\uc804\ucc44\uad8c \ub4f1\uc758 \uad8c\ub9ac\ub97c \ud310\ub9e4\ud558\uc5ec \uc790\uae08 \uc870\ub2ec\uc744 \ud558\ub294 \uacbd\uc6b0, \uc774\ub7ec\ud55c \uae08\uc735\uc0c1\ud488\uc740, \uc2e4\uc9c8\uc801\uc73c\ub85c\ub294 \ud22c\uc790\uc5d0 \uac00\uae4c\uc6b4 \uc131\uc9c8\uc744 \uac00\uc9c0\uace0 \uc788\uc9c0\ub9cc, \ubc95\uc815\uc758 \uc815\ubcf4 \uacf5\uac1c \uc758\ubb34\ub098 \ubc1c\ud589 \uc870\uac74 \ub4f1\uc740 \uc5c6\uc73c\uba70, \ub2f9\uc0ac\uc790 \uac04\uc758 \uc790\uc720\ub85c\uc6b4 \uacc4\uc57d\uc5d0 \uc758\uc874\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc77c\ubcf8 STO \ud611\ud68c\uc640 \uac19\uc740 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95\uc0c1\uc758 \uc790\uc728 \uaddc\uc81c \ub2e8\uccb4\ub294, \uc774\ub7ec\ud55c \ubc95\uaddc\uc81c\uc758 \uc801\uc6a9\uc774 \uc5c6\ub294 \uc2e4\uc9c8\uc801\uc778 \uae08\uc735\uc0c1\ud488\uc5d0 \ub300\ud574, \ubc95\ub960\ubcf4\ub2e4 \ub192\uc740 \uc218\uc900\uc758 \uaddc\ubc94\uc744 \uc815\ud558\uc5ec \ubc95\ub960\uc744 \ubcf4\uc644\ud558\uace0, \uc2dc\uc7a5\uc5d0 \ub300\ud55c \uc2e0\ub8b0\uc640 \ud22c\uc790\uc790\uc758 \ubcf4\ud638\ub97c \ub3c4\ubaa8\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud2b9\ud788, STO\uc640 \uac19\uc740 \uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \uc218\ub2e8\uc5d0 \ub300\ud574\uc11c\ub294, \uc790\uc728 \uaddc\uc81c \ub2e8\uccb4\uc758 \uc5ed\ud560\uc774 \ud070 \uac83\uc73c\ub85c \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%82%AC%EC%8B%A4%EC%83%81%EC%9D%98_%EC%8B%9C%ED%81%90%EB%A6%AC%ED%8B%B0_%ED%86%A0%ED%81%B0%EC%9D%84_%ED%99%9C%EC%9A%A9%ED%95%9C_STO%EC%9D%98_%EC%9D%98%EB%AF%B8\"><\/span>\uc0ac\uc2e4\uc0c1\uc758 \uc2dc\ud050\ub9ac\ud2f0 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc758 \uc758\ubbf8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\uc0ac\uc2e4\uc0c1\uc758 \uc2dc\ud050\ub9ac\ud2f0 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\ub294, \ubc95\uc801\uc778 \uc2dc\ud050\ub9ac\ud2f0 \ud1a0\ud070\uc744 \ud65c\uc6a9\ud55c STO\uc640\ub294 \ubc18\ub300\ub85c, \uc5c4\uaca9\ud55c \uae08\uc735 \uaddc\uc81c\ub97c \ub530\ub974\uc9c0 \uc54a\uc544 \uac04\ud3b8\ud558\uace0 \uc2e0\uc18d\ud55c \uc790\uae08 \uc870\ub2ec\uc774 \uac00\ub2a5\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098 \uadf8 \ubc18\uba74, \ubc1c\ud589\uc790\uc758 \uc2e0\uc6a9\uc131\uc774 \uc81c\ub3c4\uc801\uc73c\ub85c \ubcf4\uc7a5\ub418\uc9c0 \uc54a\uc544 \ub54c\ub54c\ub85c \uc0ac\uae30\uc801\uc778 \uacbd\uc6b0\ub3c4 \ubc1c\uc0dd\ud569\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ubb38\uc81c\uac00 \ub300\ub450\ub41c \uac83\uc774 \ubc14\ub85c ICO\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\"><\/span>ICO\ub780 \ubb34\uc5c7\uc778\uac00<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>ICO\ub780, Initial Coin Offering\uc758 \uc57d\uc790\ub85c, \uc77c\ubc18\uc801\uc73c\ub85c \uae30\uc5c5 \ub4f1\uc774 \uc804\uc790 \ud1a0\ud070(\uc774\ud558 &#8216;ICO \ud1a0\ud070&#8217;)\uc744 \ubc1c\ud589\ud558\uc5ec, \ub300\uc911\uc73c\ub85c\ubd80\ud130 \uc554\ud638\ud654\ud3d0(\uac00\uc0c1\ud654\ud3d0)\ub97c \uc870\ub2ec\ud558\ub294 \ud589\uc704\ub97c \ub9d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774\ucc98\ub7fc ICO \ud1a0\ud070\uc740 \ubc1c\ud589\uc790\uc5d0\uac8c\ub294 \uac04\ud3b8\ud558\uace0 \uc2e0\uc18d\ud55c \ub300\uaddc\ubaa8 \uc790\uae08 \uc870\ub2ec \uc218\ub2e8\uc73c\ub85c, \ubc18\uba74\uc5d0 \ud22c\uc790\uc790\uc5d0\uac8c\ub294 \ub192\uc740 \uc704\ud5d8\uc744 \uc218\ubc18\ud558\ub294 \uae08\uc735 \uc0c1\ud488\uc774\uc9c0\ub9cc, \ub2f9\uc2dc\uc5d0\ub294 \uc2e0\uaddc \ubc1c\ud589\ub41c \ucf54\uc778\uc774 \uacc4\uc18d\ud574\uc11c \uac00\uaca9\uc774 \uae09\ub4f1\ud558\uc600\ub358 \uac83\uacfc \uae30\ub300\uac10\uc774 \uacb9\uccd0\uc11c, \uc804 \uc138\uacc4\uc801\uc73c\ub85c \ud3ed\ubc1c\uc801\uc73c\ub85c \uac74\uc218\uac00 \uc99d\uac00\ud558\uc600\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \uc554\ud638\ud654\ud3d0\ub97c \ud22c\uc790\ud558\ub294 \ud615\ud0dc\uc758 \uc790\uae08 \uc870\ub2ec\uc5d0 \ub300\ud574 \ubc95\uc801 \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\ub294\uc9c0\uac00 \ubd88\uba85\ud655\ud588\uae30 \ub54c\ubb38\uc5d0, \ubc1c\ud589\uc790\uc758 \uc2e0\uc6a9\uc131\uc744 \ubcf4\uc7a5\ud560 \uc218 \uc5c6\uc5c8\uc73c\uba70, \uc0ac\uae30\uc801\uc778 \uc0ac\ub840\ub3c4 \uc788\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub798\uc11c, \uc77c\ubcf8\uc5d0\uc11c\ub294, \ub808\uc774\uc640 \uccab \ud574(2019\ub144)\uc758 &#8216;\uc77c\ubcf8 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95&#8217; \uac1c\uc815\uc5d0 \ub530\ub77c, \uc554\ud638\ud654\ud3d0\ub97c \ud22c\uc790\ud558\ub294 \ud615\ud0dc\uc758 \uc790\uae08 \uc870\ub2ec\uc5d0 \ub300\ud574\uc11c\ub3c4 &#8216;\uc77c\ubcf8 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95&#8217;\uc758 \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\ub294 \uac83(\uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95 \uc81c2\uc870\uc758 2)\uc774 \uba85\uc2dc\ud654\ub418\uc5c8\uc744 \ubfd0\ub9cc \uc544\ub2c8\ub77c, \ud22c\uc790\ud615\uc758 ICO \ud1a0\ud070\uc774 \uc704\uc758 &#8216;\uc804\uc790 \uae30\ub85d \uc774\uc804 \uad8c\ub9ac&#8217;\ub85c\uc11c &#8216;\uc77c\ubcf8 \uae08\uc735\uc0c1\ud488\uac70\ub798\ubc95&#8217;\uc5d0 \uc0c8\ub86d\uac8c \uaddc\uc728\ub418\uc5c8\uc74c\uc73c\ub85c\uc368, ICO\uc5d0 \ub300\ud574\uc11c\ub3c4 \uc720\uac00\uc99d\uad8c\uc5d0 \uad00\ud55c \ub2e4\uc591\ud55c \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uac8c \ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uad00\ub828 \uae30\uc0ac: <a href=\"https:\/\/monolith.law\/corporate\/ico-regulation\" target=\"_blank\" rel=\"noreferrer noopener\">ICO\uc5d0 \ub300\ud55c \ubc95\uc801 \uaddc\uc81c\uc640 \ud569\ubc95\uc801\uc73c\ub85c \uc9c4\ud589\ud558\ub294 \ubc29\ubc95\uc740[ja]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO%EC%99%80_STO%EC%9D%98_%EC%B0%A8%EC%9D%B4\"><\/span>ICO\uc640 STO\uc758 \ucc28\uc774<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\uc55e\uc11c \uc124\uba85\ud55c \ubc14\uc640 \uac19\uc774, \ud22c\uc790\ud615 ICO \ud1a0\ud070\uc5d0 \ub300\ud574 \uac00\uce58\uc99d\uad8c\uc5d0 \uad00\ud55c \ub2e4\uc591\ud55c \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\uac8c \ub41c \uacb0\uacfc, \ud604\uc7ac \ud22c\uc790\ud615 ICO \ud1a0\ud070\uc740 \ubc95\ub960\uc0c1\uc758 \ubcf4\uc548 \ud1a0\ud070\uc5d0 \ud574\ub2f9\ud558\uac8c \ub418\uc5c8\uc73c\uba70, \uc774\uc5d0 \ub530\ub77c STO\uc640 ICO\uc758 \uc2e4\uc9c8\uc801\uc778 \ucc28\uc774\ub294 \uc0ac\ub77c\uc84c\ub2e4\uace0 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098 ICO \ud1a0\ud070\uc5d0\ub294 &#8216;\ud22c\uc790\ud615&#8217; \uc678\uc5d0\ub3c4 &#8216;\uae30\ud0c0 \uad8c\ub9ac\ud615&#8217;, &#8216;\ubb34\uad8c\ub9ac\ud615&#8217; \ub4f1\uc758 \uc720\ud615\uc774 \uc788\uc73c\uba70, \uc774\ub4e4\uc5d0 \ub300\ud574\uc11c\ub294 \ubcc4\ub3c4\ub85c \uc554\ud638\ud654\ud3d0 \uac70\ub798\uc5c5 \ub4f1\uc758 \uc790\uae08\uacb0\uc81c\ubc95 \uc0c1\uc758 \uaddc\uc81c\uac00 \uc801\uc6a9\ub418\ubbc0\ub85c, \uc774 \uc810\uc5d0\uc11c STO\uc640 ICO\uc5d0\ub294 \ucc28\uc774\uac00 \uc788\ub2e4\uace0 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098 \uae08\uc735 \uaddc\uc81c\ub97c \uc900\uc218\ud558\ub294 \uac83\uc774 STO\uc758 \ubcf8\uc9c8\uc774\ub77c\uba74, \uad73\uc774 STO\ub77c\ub294 \ubaa8\ud638\ud55c \uac1c\ub150\uc744 \uc81c\uae30\ud560 \ud544\uc694 \uc5c6\uc774, \uc55e\uc11c \uc5b8\uae09\ud55c \ubc95\uc801 \uac1c\ub150\uc744 \ud65c\uc6a9\ud558\uba74 \ucda9\ubd84\ud569\ub2c8\ub2e4. \ud2b9\ud788, STO\uc640 ICO\uc758 \uc2e4\uc9c8\uc801\uc778 \ucc28\uc774\uac00 \uc0ac\ub77c\uc9c4 \ud604\uc7ac\uc5d0\uc11c\ub294 \ub354\uc6b1 \uadf8\ub807\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub530\ub77c\uc11c \ub9c8\uc9c0\ub9c9\uc73c\ub85c, \uc55e\uc73c\ub85c\uc758 \uc2dc\ub300\uc5d0 STO\ub77c\ub294 \uac1c\ub150\uc744 \uad73\uc774 \ub17c\uc758\ud558\ub294 \uac83\uc758 \uc758\ubbf8\uc5d0 \ub300\ud574 \uc0dd\uac01\ud574 \ubcf4\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EA%B2%B0%EB%A1%A0_STO%EB%9D%BC%EB%8A%94_%EA%B0%9C%EB%85%90%EC%9D%84_%EB%85%BC%EC%9D%98%ED%95%98%EB%8A%94_%EA%B2%83%EC%9D%98_%EC%9D%98%EB%AF%B8\"><\/span>\uacb0\ub860: STO\ub77c\ub294 \uac1c\ub150\uc744 \ub17c\uc758\ud558\ub294 \uac83\uc758 \uc758\ubbf8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\uc55e\uc11c \uc5b8\uae09\ud55c \ubc14\uc640 \uac19\uc774, STO\ub77c\ub294 \uac1c\ub150\uc740 \ubc18\ub4dc\uc2dc \ubc95\uc801 \uac1c\ub150\uc5d0 \uc758\ud574 \ud1b5\uc77c\uc801\uc73c\ub85c \uc774\ud574\ub420 \uc218 \uc788\ub294 \uac83\uc774 \uc544\ub2d9\ub2c8\ub2e4. JSTA\uac00 \ubc95\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\ubfd0\ub9cc \uc544\ub2c8\ub77c \uc2e4\uc9c8\uc801\uc778 \ubcf4\uc548 \ud1a0\ud070\uc5d0 \ub300\ud574\uc11c\ub3c4 \ucee4\ubc84\ud558\uace0 \uc788\ub2e4\ub294 \uc0ac\uc2e4\uc774 \uc774\ub97c \uc798 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud55c\ub54c, ICO\uc640\uc758 \ube44\uad50\uc5d0\uc11c \uae08\uc735 \uaddc\uc81c\ub97c \ub530\ub974\ub294 \uac83\uc744 STO\uc758 \ubcf8\uc9c8\ub85c \ubcf4\ub294 \uc8fc\uc7a5\ub3c4 \uc788\uc5c8\uc9c0\ub9cc, \uc774 \uae00\uc5d0\uc11c \uc124\uba85\ud588\ub4ef\uc774, \uc624\ud574\ud558\uc9c0 \uc54a\ub294\ub2e4\uba74, \uae08\uc735 \uaddc\uc81c\ub97c \ub530\ub974\ub294\uc9c0 \uc5ec\ubd80\ub294 \uc774\uc81c STO\uc5d0\uac8c \uc911\uc694\ud55c \uad00\uc810\uc774 \uc544\ub2d9\ub2c8\ub2e4.<\/p>\n\n\n\n<p>ICO\ub098 STO\ub77c\ub294 \uac1c\ub150\uc758 \ub4f1\uc7a5\uc73c\ub85c \uc778\ud574 \uc81c\uae30\ub41c \ubb38\uc81c\ub294 \ud06c\uac8c \ub9d0\ud558\uba74, \ube14\ub85d\uccb4\uc778\uacfc \uac19\uc740 \uc0c8\ub85c\uc6b4 \uae30\uc220\uc774 \ubb34\uc5c7\uc744 \uac00\ub2a5\ud558\uac8c \ud558\uace0, \uadf8\uac83\uc744 \uc5b4\ub5bb\uac8c \ud65c\uc6a9\ud574 \ub098\uac08 \uac83\uc778\uc9c0\uc5d0 \ub300\ud55c \uac83\uc774\uba70, \uadf8\uac83\uc744 \uc790\uae08 \uc870\ub2ec\uc774\ub77c\ub294 \ub9e5\ub77d\uc5d0\uc11c \ub9d0\ud558\uba74, \uc9c0\uae08\uae4c\uc9c0 \uc790\ubcf8 \uc2dc\uc7a5\uc5d0 \ub098\uc624\uc9c0 \uc54a\uc558\ub358(\ud2b9\ud788 \uc18c\uc561\uc758) \uc790\uae08 \uc218\uc694\uc5d0 \ub300\ud574, \uc2dc\uc7a5\uc758 \uacf5\uc815\uc131\uacfc \uacf5\ud3c9\uc131\uc744 \uc720\uc9c0\ud558\uba74\uc11c \ube60\ub974\uac8c \ub300\uc751\ud558\uae30 \uc704\ud574\uc11c\ub294 \uc5b4\ub5a4 \uc81c\ub3c4 \uc124\uacc4\uac00 \uac00\ub2a5\ud55c\uc9c0\ub97c \uacc4\uc18d \uc0dd\uac01\ud558\ub294 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>STO\ub77c\ub294 \uac1c\ub150\uc740 \uc774\ub7ec\ud55c \ubc95\uc801 \uc900\ube44\uac00 \ub530\ub77c\uc7a1\uc9c0 \ubabb\ud558\ub294 \uc790\uae08 \uc218\uc694\uc5d0 \ub300\ud574, \uc790\ubcf8 \uc2dc\uc7a5\uc73c\ub85c\uc758 \uae38\uc744 \uac1c\ucc99\ud558\ub294 \ub3c4\uad6c\uc801 \uac1c\ub150\uc73c\ub85c\uc11c, \uc55e\uc73c\ub85c\ub3c4 \ub17c\uc758\ud558\ub294 \uc758\ubbf8\uac00 \uc788\uc744 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%8B%B9%EC%82%AC%EC%9D%98_%EB%8C%80%EC%B1%85_%EC%95%88%EB%82%B4\"><\/span>\ub2f9\uc0ac\uc758 \ub300\ucc45 \uc548\ub0b4<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\ubaa8\ub178\ub9ac\uc2a4 \ubc95\ub960\uc0ac\ubb34\uc18c\ub294 IT, \ud2b9\ud788 \uc778\ud130\ub137\uacfc \ubc95\ub960\uc758 \uc591\uba74\uc5d0 \ub192\uc740 \uc804\ubb38\uc131\uc744 \uac00\uc9c4 \ubc95\ub960\uc0ac\ubb34\uc18c\uc785\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \ud574\uc678\uc758 \ud654\uc774\ud2b8\ud398\uc774\ud37c\ub97c \ud574\ub3c5\ud558\uc5ec, \uadf8 \uc2a4\ud0a4\ub9c8\ub97c \uc77c\ubcf8\uc5d0\uc11c \uc9c4\ud589\ud560 \uacbd\uc6b0\uc758 \uc801\ubc95\uc131\uc744 \uc5f0\uad6c\ud558\uace0, \ud654\uc774\ud2b8\ud398\uc774\ud37c\ub098 \uacc4\uc57d\uc11c \ub4f1\uc744 \uc791\uc131\ud558\ub294 \ub4f1, \uc554\ud638\ud654\ud3d0\uc640 \ube14\ub85d\uccb4\uc778 \uad00\ub828 \ube44\uc988\ub2c8\uc2a4\uc758 \uc804\uba74\uc801\uc778 \uc9c0\uc6d0\uc744 \ud569\ub2c8\ub2e4. \uc544\ub798 \uae30\uc0ac\uc5d0\uc11c \uc790\uc138\ud55c \ub0b4\uc6a9\uc744 \uae30\uc220\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n<figure class=\"is-type-wp-embed\">\n<div><a href=\"https:\/\/monolith.law\/blockchain\" target=\"_blank\" rel=\"noopener\">\ube14\ub85d\uccb4\uc778[ja]<\/a><\/div>\n<\/figure>","protected":false},"excerpt":{"rendered":"<p>\ucd5c\uadfc\uc5d0\ub294 &#8216;\uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \ubc29\ubc95&#8217;\uc73c\ub85c\uc11c STO\uac00 \uc8fc\ubaa9\ubc1b\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ube14\ub85d\uccb4\uc778 \ub4f1 \uc0c8\ub85c\uc6b4 \uae30\uc220\uc758 \ubd80\uc0c1\uc5d0 \ub530\ub77c \uae08\uc735 \uaddc\uc81c\uac00 \uacc4\uc18d \uc218\uc815\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c, STO \ub610\ub294 \uadf8 \ud575\uc2ec\uc778 &#8216;\ubcf4\uc548 \ud1a0\ud070&#8217;\uc774\ub77c\ub294 \uac1c\ub150\uc758 \ubc95\uc801 \uc704\uce58\ub294 \uc5b4\ub5bb\uac8c \ub418\uc5c8\uc744\uae4c\uc694? \uadf8\ub9ac\uace0 \uc774\uac83\uc740 \uc790\uae08 \uc870\ub2ec \ubc29\ubc95\uc744 \ub098\ud0c0\ub0b4\ub294 &#8216;ICO&#8217;\ub77c\ub294 \uac1c\ub150\uacfc \ube44 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":63112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[52,19],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62464"}],"collection":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/comments?post=62464"}],"version-history":[{"count":1,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62464\/revisions"}],"predecessor-version":[{"id":63113,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62464\/revisions\/63113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media\/63112"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media?parent=62464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/categories?post=62464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/tags?post=62464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}