South Korea’s Presidential Hopeful Proposes Trump-Style Crypto Deregulation

Hong Joon-pyo, a prominent figure in South Korean politics and People Power Party candidate for president, has unveiled a policy proposal that could significantly impact the nation’s crypto landscape. He envisions adopting a regulatory approach similar to that of former US President Donald Trump, with a focus on deregulation and fostering innovation within the cryptocurrency sector. This bold stance could usher in a new era of growth and development for South Korea’s crypto industry. Is this the dawn of a new era for South Korean cryptocurrency or just political rhetoric? Let’s explore the details of Hong Joon-pyo’s crypto policy proposals.