Korea Elects Pro-Crypto President, Czech Bitcoin Scandal Escalates
- South Korea elected pro-crypto candidate Lee Jae-myung as president with 49.42% of the vote, pledging to legalise spot crypto ETFs and advance stalled digital asset regulations.
- Lee’s win ends Yoon Suk-yeol’s term, whose own crypto efforts failed amid resistance from regulators. Lee may benefit from the FSC’s now-softening stance.
- In the Czech Republic, Justice Minister Pavel Blazek resigned over a US$45M BTC donation tied to a convicted drug trafficker, prompting the ANO party to push for a no-confidence vote.
South Korea has elected Lee Jae-myung as its new president, officially ending Yoon Suk-yeol’s controversial three-year tenure.
Lee, representing the left-wing Democratic Party, secured…
