South Korea Elects Pro-Crypto President Lee Jae-Myung

In a historic election, South Korea elected pro-crypto president Lee Jae-myung of the Democratic Party with a significant margin. Winning 48% of the vote, Lee emphasizes regulating cryptocurrencies as a key priority. His platform focuses on lifting the ban on spot Bitcoin ETFs and enabling crypto investments for state pensions. This victory marks a significant moment in South Korea’s political landscape, where many pro-crypto politicians have struggled to enact their policies despite previous attempts.