South Korea elects pro-crypto candidate Lee Jae-myung as president 🇰🇷
South Korea has elected Lee Jae-myung, a pro-crypto candidate, as its new president. He plans to enable the country's state pension fund to invest in cryptocurrencies, approve Bitcoin ETFs, and introduce a stablecoin backed by the Korean won. His election marks a significant shift in South Korea's crypto policy.
Lee's administration is expected to foster a more favorable environment for cryptocurrency and blockchain technology in the nation. These plans aim to position South Korea as a progressive player in the global crypto landscape and help drive economic innovation through new investment opportunities.
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