According to reports from Wu, there are about 16 million virtual asset investors in South Korea, accounting for 36% of the national electorate. As the presidential election on June 3 approaches, candidates from various parties are introducing policies related to virtual assets. The Democratic Party candidate Lee Jae-myung advocates for advancing virtual asset legislation with the support of token securities experts. The People Power Party candidate Kim Moon-soo proposes allowing the national pension to invest in crypto assets, as well as easing ETF trading and regulatory restrictions. The third party candidate Lee Jun-sik emphasizes loosening blockchain regulations to promote industry development.

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