According to CoinMeta, Kim Jong-nyeon, the vice president of dunamu, the parent company of upbit, announced that dunamu has completed the technical preparations for stock tokenization and will launch the service as soon as regulatory frameworks permit it. Kim Jong-nyeon stated that stocks from Samsung Electronics and SK Hynix can currently only be traded overseas. Min Byeong-deok, a member of the South Korean Democratic Party, advocates that the "Digital Assets Basic Act" should be passed by January 18 next year. Park Soo-min, a member of the South Korean National Power Party, however, believes that legislation should not be rushed and calls for the full permission of institutional and legal person investments in crypto assets. (Source: Yonhap News Agency)