#SouthKoreaCryptoPolicy
Lee Jae-myung has officially been elected as the President of South Korea with a major pro-crypto agenda.
His victory is predicted to be a turning point for digital asset policy in East Asia, especially regarding regulation, institutional investment, and the development of won-based stablecoins.
The Promise of Crypto Directly Targeting National Policy
As part of his economic campaign, Lee promised full support for crypto assets, including the launch of a crypto spot ETF and the development of a stablecoin ecosystem backed by the national currency (KRW).
This signals strongly that the South Korean government will actively engage in modernizing the digital financial system.
Lee emphasized that the presence of ETFs and official stablecoins will provide a clear legal framework, encourage domestic investment, and curb capital outflows to foreign platforms.
