South Korean financial authorities set a retail investor limit for token-securities over-the-counter trading ahead of the system’s launch in February next year, capping annual net purchases at 10 million won per exchange. The scope of token-securities issuance will expand from fractional investment securities to include conventional securities such as stocks, bonds and funds. Regulators will also broaden licensing categories for OTC venues and spell out registration requirements for issuer account managers and distributed ledgers.

Spiny EV Solutions SL has unveiled the second-generation Spiny 2, a clip-on electric assist kit that can be attached to or removed from a bicycle in about 3 seconds after initial mounting. The 2.2 kg unit uses a friction drive roller that powers the rear tyre and avoids swapping wheels or drivetrains. Output and assisted top speed vary by market, with up to 750W and 32 kph in the United States. Spiny says range can reach 90 km under ideal test conditions.