South Korean Candidate Proposes Deregulation Similar to Trump-Era US Crypto Policies

South Korean presidential candidate Hong Joon-pyo has announced plans to dismantle crypto regulations akin to the U.S. during the Trump administration, aiming to foster blockchain technology as a major industry driver in South Korea. He expressed this stance at a policy event on April 16th in Seoul, where he outlined 27 pledges aimed at economic growth and innovation, including investments in AI, quantum computing, and superconductors. Hong’s approach sets him apart from other candidates who focus on deregulation as a means to boost private-sector growth.