According to CoinMeta, Kim Jong-nam, the vice president of Dunamu, the parent company of upbit, stated at the Seoul Digital Asset Policy Conference that Dunamu has completed the technical preparations for stock tokenization. Once regulatory frameworks permit it, relevant services can be launched at any time. He pointed out that the stock tokens of representative Korean companies such as Samsung Electronics and SK Hynix can only be traded overseas, a situation he found regrettable. In addition, the conference discussed the legislative process of the "Digital Assets Basic Act." Min Byeong-deok, a member of the Korean Democratic Party, advocated that the bill should be passed during this legislative session, no later than January 18 next year. Park Soo-min, a member of the National Power Party, expressed that legislation should not be rushed and called for the full permission of institutional and legal person investments in crypto assets. (Yonhap News Agency)