South Korea Elects Crypto-Friendly President
South Korea has ushered in a new era with the election of President Lee Jae-myung. Jae-myung’s journey from child laborer to the nation’s highest office is as remarkable as his ambitious agenda for the country’s digital future. Sworn in on June 4, 2025, following a snap election triggered by the impeachment of his predecessor, Lee’s victory marks a significant shift in South Korea’s political and economic landscape. It’s also good news for South Korean crypto holders.
President Lee’s administration is poised to transform South Korea into a global hub for digital assets. His policy platform includes the legalization of spot cryptocurrency exchange-traded funds (ETFs), a move that would reverse the country’s longstanding ban and…