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@ Layer3.news
2025-06-04 14:51:18
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SOUTH KOREA’S NEW PRESIDENT WILL BOLSTER CRYPTO, BUT SCANDALS PREVAIL
https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NmNlYjUtYWNmYi03MDc0LTk1ZjgtZTA3M2E5Y2IxZmE0.jpg
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✍️ South Korean President Lee Jae-myung's rise to power marks a return of a left-leaning populist with bold plans for institutional crypto integration.
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👉 Lee's administration is expected to accelerate the integration of digital assets into Korea's regulatory and financial systems
👉 He has promised to approve spot crypto exchange-traded funds (ETFs)
👉 Allow the National Pension Service to invest in digital assets
👉 Launch a won-based stablecoin
👉 Ongoing legal battles, including corruption charges and misuse of public funds
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#LeeJae-myung #YoonSukYeol #MinByoung-dug #KimMoon-soo #XiJinping #SouthKorea #NorthKorea #China #SoutheastAsia #technology
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