South Korean media: Lee Jae-myung elected President of South Korea
FXH Non-Small Number News: According to a late-night report from South Korean JTBC TV on the 3rd, Democratic Party candidate Lee Jae-myung has been elected President of South Korea. (Xinhua News Agency) Lee Jae-myung previously proposed the introduction of a stablecoin pegged to the Korean won during policy discussions, aimed at curbing capital outflows and enhancing national financial sovereignty. As South Korean law currently prohibits the issuance of domestic stablecoins, local exchanges mainly rely on US dollar stablecoins.