WEEX Industry Observation: On June 4, 2025, South Korea's newly elected president Lee Jae-myung officially took office. The arrival of this new president is not just a political change, but may also become a significant variable affecting the global digital asset market landscape. As the world's third-largest cryptocurrency trading market, South Korea has long been one of the 'barometer' countries in the digital asset ecosystem. During his campaign, Lee Jae-myung clearly expressed his support for the development of the cryptocurrency market, including promoting a clearer regulatory framework, introducing a digital asset custody system, supporting central bank digital currency pilots, and even proposing the issuance of a stablecoin pegged to the Korean won.
The policy cycle has shifted, the market rhythm has changed, and the change of power in South Korea may just be the starting point. As we enter the second half of 2025, a new cycle that places greater emphasis on compliance, infrastructure development, and institutional participation is brewing.