#SouthKoreaCryptoPolicy # South Korea's Policy on Digital Currencies (2025)

## **1. Policies of the New President Lee Jae-myung Supporting Digital Currencies**

- **Election Result**: President Lee Jae-myung (from the Democratic Party) promised strong support for the digital currency sector, including:

- **Legalization of cryptocurrency ETFs** (such as Bitcoin).

- **Allowing major institutions** (such as the National Pension Fund) to invest in cryptocurrencies.

- **Stablecoin Linked to the Korean Won**: Lee plans to launch a stable digital currency backed by the won to reduce reliance on foreign currencies like USDT and USDC.