WEEX Industry Observation: On June 4, 2025, South Korea's new president Lee Jae-myung officially took office. The arrival of this new president is not just a change in the political arena; it may also become an important variable affecting the global digital asset market landscape. As the third-largest cryptocurrency trading market in the world, South Korea has always been one of the 'barometer' countries in the digital asset ecosystem. During his campaign, Lee Jae-myung clearly expressed his support for the development of the cryptocurrency market, including pushing for a clearer regulatory framework, introducing a digital asset custody system, supporting central bank digital currency pilots, and even proposing the issuance of a stablecoin pegged to the Korean won.
The policy cycle is shifting, the market rhythm has changed, and the turnover of power in South Korea may just be the starting point. As we enter the second half of 2025, a new cycle that places greater emphasis on compliance, infrastructure construction, and institutional participation is brewing.