South Korean Presidential Candidates Advocate for Spot Crypto ETFs

South Korea’s upcoming presidential election has seen candidates championing the legalization of spot crypto exchange-traded funds (ETFs). This policy proposal, if implemented, could significantly boost the South Korean cryptocurrency market by attracting institutional investors and young consumers. Lee Jae-myung and Kim Moon-soo, frontrunners in the race, have pledged to introduce these ETFs alongside a robust legal framework for crypto markets. Their aim is to foster an environment conducive to cryptocurrency investment and growth.