South Korea Elects Pro-Crypto Candidate Lee Jae-myung as President

Lee Jae-myung, the center-left leader of South Korea’s opposition party, has been sworn in as president after a decisive victory in a snap election. His platform centered on pro-crypto policies, including allowing investment in Bitcoin by the national pension fund and the launch of Bitcoin ETFs, likely contributed to his electoral success. Lee secured over 49% of votes against Kim Moon-soo from the People Power Party, who ran on a campaign focused on crypto regulation and adoption.