#SouthKoreaCryptoPolicy South Korea’s New President Lee Jae-Myung Position On Cryptocurrency

As the Democratic Party’s candidate in South Korea’s 2025 presidential election, Lee Jae-Myung took a more forward-looking approach to cryptocurrency than his opponent. The key positions included:

- Promoting blockchain technology, recognizing its potential to drive the digital economy.

- Pushing for well-defined regulations to ensure investor safety while encouraging industry development.

- Pioneering a crypto-based basic income initiative during his tenure as mayor of Seongnam, experimenting with local digital currency distribution.