Korean Presidential Candidate Proposes Spot Crypto ETFs: A Potential Turning Point for the Market

South Korean politics is witnessing a shift as digital assets gain prominence. In an election year, prominent candidate Kim Moon-soo of the People Power Party (PPP) has pledged to allow spot crypto exchange-traded funds (ETFs), signifying potential support for cryptocurrency integration into the country’s financial system. This move positions him to appeal to a large demographic invested in digital assets, while potentially impacting South Korea’s future regulatory landscape for cryptocurrency.