Regardless of the outcome of South Korea’s presidential election on June 3, the country’s cryptocurrency industry is poised for significant growth. Both leading candidates, Lee Jae-myung of the Democratic Party and Kim Moon-soo of the People Power Party, have championed pro-crypto policies, pledging to streamline regulations and expand crypto access. Lee envisions legalizing spot crypto ETFs and encouraging South Korea’s $884 billion national pension fund to invest in cryptocurrency. He also advocates for a stablecoin backed by the Korean Won as part of modernizing the financial system and combating capital outflows. Kim, too, supports legalization of spot crypto ETFs and aligns with Lee’s proposed policy measures. Experts highlight this bipartisan support, stating that investors will benefit regardless of who wins.