#韩国加密政策 The South Korean presidential election is imminent, and the direction of its crypto policy has drawn global attention in the cryptocurrency market. Currently, about one-third of South Korea's population holds digital assets, with a total value of 74.5 billion USD; such a large market makes crypto policy a key issue in the election.
Main candidate Lee Jae-myung promises to promote the legalization of cryptocurrency spot ETFs, allow the national pension fund to invest in cryptocurrencies, and plans to launch a Korean won stablecoin. His competitor Kim Woong-soo from the People Power Party also supports the legalization of Bitcoin spot ETFs and proposes to abolish the 'one trading platform one bank' model.
Regardless of the election outcome, South Korea's crypto policy will undergo changes, which will not only affect the domestic crypto market but also have far-reaching implications for the global crypto industry's development.