Dunamu completes preparations for stock tokenization technology; South Korean lawmakers discuss legislation for a basic law on digital assets.
Upbit's parent company, Dunamu, has announced that its stock tokenization technology is ready and will be launched soon, pending regulatory approval. Kim noted that Samsung Electronics and SK Hynix's stock tokens are currently only tradable overseas. South Korean Democratic Party lawmaker Min Byung-deok advocates that the "Digital Asset Basic Law" should be passed before January 18th next year. Park Soo-min, a lawmaker from the People Power Party, believes that legislation should not be rushed and calls for full permission for institutions and corporations to invest in crypto assets. (Source: Yonhap News Agency)