South Korea Elects Pro-Crypto President Lee Jae-myung: New Policies Signal Institutional Adoption

South Korean voters have elected Lee Jae-myung as their new president, promising a pro-crypto agenda that could reshape the nation’s financial landscape. Lee plans to legalize Bitcoin ETFs and establish a KRW-backed stablecoin, signaling a shift towards institutional crypto adoption. 49.4% of votes were cast in his favor, positioning him for a tenure focused on digital asset integration across various sectors, including pensions.