South Korea’s Presidential Candidate Promises to Legalize Spot Crypto ETFs

Lee Jae-myung, a frontrunner for South Korea’s upcoming presidential election, has highlighted crypto policy as a central focus in his campaign. He outlined plans to legalize spot crypto exchange-traded funds (ETFs), reduce transaction fees, and implement robust consumer protections. These pledges were made public on May 6th, marking the first time Lee specifically addressed crypto in his bid for president.