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South Korea president prioritizes Bitcoin, crypto in national strategy

South Korea president prioritizes Bitcoin, crypto in national strategy

Newly elected South Korean President Lee Jae-myung has declared Bitcoin and cryptocurrency a national priority. Bitcoin is priced well above $62,000, and the Polymarket contract for Bitcoin above $62K on April 20 sits at 99.6% YES.

Lee’s pro-crypto stance is drawing attention to the Bitcoin price markets for April 19 and April 20. The April 19 contract for Bitcoin above $60K trades at 99.8% YES. Daily volume is $4,447 USDC on the April 19 market and $1,686 on the April 20 market.

Lee’s economic strategy includes developing Bitcoin and Ethereum ETFs and integrating blockchain technology into government policy. The April 19 market has $32,199 in order book depth required to move the price by 5 points, which…

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