🇰🇷🟠A cryptocurrency-friendly president has come to power in South Korea, who has already promised necessary reforms.
✔️Lee Jae-moon - the new president of South Korea, who actively supports the crypto market.
💵 Among his main initiatives are the launch of spot cryptocurrency exchange-traded funds and the legalization of stablecoins.
❗️Also, at the initiative of the new head of state, the country's crypto sector is expecting the continuation of the implementation of the legislative regulation plan.
💬Lee Jae-moon previously stated that he plans to turn the country into a leader in digital finance in Asia. South Korea plans to simplify regulation in specially created blockchain regions, which will serve as technological hubs for the development and testing of innovative solutions.
💸The South Korean market is one of the largest crypto markets in the world. If regulators approve the initiatives of the new president, this could give an additional boost to the crypto sector, both within the country and in the region.
