#SouthKoreaCryptoPolicy SouthKoreaCryptoPolicy New South Korean president vows to support crypto growthThe new president supports crypto ETFs, stablecoins, and reduced regulation in blockchain innovation zones.

South Korea has elected Lee Jae-myung of the left-wing Democratic Party as its new president, following the impeachment of conservative leader Yoon Suk-yeol. A 79.4% turnout, the highest in 28 years, helped Lee win with 49.42%, beating right-wing rival Kim Moon-soo.