South Korean presidential hopeful Lee Jae-myung vows to approve crypto ETFs

South Korean politician Lee Jae-myung has vowed to approve spot cryptocurrency exchange-traded funds and create a safer investment environment for young investors if elected president.

Lee, who is the Democratic Party’s presidential candidate, has rolled out a set of crypto-friendly promises as part of a larger pitch to win over younger voters, according to a Korea Economic Daily report.

With the June 3 election approaching, Lee made it clear that digital assets would play a key role in his plans.

In a social media post on May 6, Lee said he wants to help young people “[build] assets and plan for the future” by making crypto investment safer and more accessible.

He pledged to push for the legalization of…

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