Lee Jae-myung Wins South Korean Presidency, Promises Crypto Revolution
Liberal leader Lee Jae-myung has been sworn in as South Korea’s new president after securing a decisive victory in Tuesday’s snap election, immediately pledging to revive the country’s democracy from “near demise” while potentially ushering in the most crypto-friendly administration in the nation’s history.
Lee captured 49.42% of nearly 35 million votes cast, defeating conservative rival Kim Moon-soo who took 41.15% in what marked the highest turnout for a presidential election since 1997, Reuters reported.
From Martial Law Crisis to Crypto Promise
Lee’s path to the presidency began dramatically six months ago when he jumped over parliament’s perimeter wall to avoid martial law troops and vote down former President Yoon Suk-yeol’s…
