🇰🇷 South Korea Swears In First Pro-Crypto President — What’s Next for Digital Won? 🇰🇷💱
🗳️ Inauguration Update: South Korea has just inaugurated Lee Jae-myung as its 14th president, marking a historic first — a head of state with a strong pro-crypto stance. Lee secured 49.42% of the vote, edging out rival Kim Moon-soo who received 41.15%, according to the National Election Commission.
💡 Why It Matters: President Lee has bold ambitions for the digital asset space, including plans to launch a won-backed stablecoin. His vision: modernize Korea’s financial system, embrace innovation, and push for greater crypto adoption at the national level.
📈 Broader Agenda:
Boost investment in AI & defense tech
Depoliticize the legal prosecution system
Introduce 4.5-day workweeks to improve work-life balance
