South Korean presidential candidate Lee, representing the Democratic Party of Korea, announced a bold plan to legalize spot Bitcoin Exchange-Traded Funds (ETFs) in his bid to modernize the country’s financial system and increase access to digital assets for younger generations. In a Facebook post, Lee outlined these plans alongside proposals for a new interest-bearing savings program and a financial planning initiative specifically geared towards young South Koreans. He argues that youth challenges are not personal failings but structural issues stemming from limited opportunity. Lee believes that expanding access to crypto markets is part of the solution to empower young people to build wealth and secure their future. Although currently prohibited by the Financial Services Commission (FSC), Lee aims to challenge this position by proposing regulatory changes and establishing a legal framework for spot Bitcoin ETF offerings in South Korea. This proposal marks a potential turning point in South Korea’s crypto policy, potentially leading to greater adoption and regulatory clarity. With the presidential election scheduled for June 3rd after former President Yoon Suk-yeol’s impeachment last month, Lee currently enjoys strong lead with an approval rating of near 50%. Notably, betting platforms like Polymarket predict a high probability of Lee’s victory at over 87% based on significant wagers placed by bettors.