đ°đˇ Lee Jae-myung wins S. Korean presidency with pro-crypto agenda #KoreaElection #CryptoPolicy
đłď¸ Left-leaning candidate Lee Jae-myung wins with 49.42%, defeating conservative rival Kim Moon-soo (41.15%).
đĄ His key crypto proposals include:
â Local approval for spot crypto ETFs
â Launching a KRW stablecoin market
â Comprehensive digital asset regulation
â Blockchain âregulation-free zonesâ to foster innovation
đ South Korea has ~9.7M crypto users â 20% of its population â one of the most active markets globally.
âď¸ Unlike ex-President Yoonâs unfulfilled crypto promises, Lee may actually deliver, especially as the FSC softens its stance.