South Korean Presidential Contender Vows to Push Crypto “As Much As” Trump
Key Notes
- Hong Joon-pyo plans to deregulate crypto and boost blockchain if elected.
- He promises $35B+ investment in AI, quantum tech, and semiconductors.
- Experts criticize South Korea’s proposed stablecoin bill for favoring foreign issuers.
One of South Korean presidential candidates, Hong Joon-pyo, has disclosed that he intends to take a similar stance to Trump’s policies on crypto regulations. Like the current US president, Hong has openly incorporated deregulation and blockchain development in his economic plan for South Korea.
Hong noted that he would add efficiency to the public sectors and linked services by using blockchain. If successful, this would be a stark contrast from South Korea’s current…
