#SouthKoreaCryptoPolicy
🚨 New President, New Crypto Era? South Korea Bets Big on Digital Assets 🇰🇷💥
South Korea just hit refresh on its crypto future. Enter: Lee Jae-myung — a former factory worker, populist leader, and now president with a bold pro-crypto agenda… and a trail of scandals behind him. 😮💨
⸻
🧑🏭 From Factory to Fintech
Lee’s life story is straight out of a movie: from teenage laborer ➝ human rights lawyer ➝ crypto-friendly president. Though crypto didn’t make it into his inauguration speech on June 4, his campaign said it all: 💼
✅ Spot Bitcoin ETFs
✅ Pension fund crypto exposure
✅ A won-backed stablecoin
✅ Fast-tracked Digital Asset Basic Act (DABA)
⸻
🏛️ DABA = Green Light for Institutions
Lee’s party formed a Digital Asset Committee to push through DABA — including self-regulatory bodies, clear exchange rules, and stablecoin approvals. The goal? Bring institutions into the game — fast. ⚡