South Korea’s next president will likely be pro-crypto no matter who wins
Both leading prospects support crypto ETF approvals and enabling federal government bodies to buy digital assets.
Critics argue the guideline stifles competition by making it hard for smaller sized exchanges to secure banking access.
According to the latest Gallup Korea poll conducted before the ballot blackout period, Lee Jae-myung leads with 49% support, followed by Kim Moon-soo at 35%, and Lee Jun-seok of the Reform Party at 11%.
Crypto market movers: Bitcoin has gained 0.4% in value over the past 24 hours and is trading at $103,950.
What we’re reading: Meta’s Bitcoin treasury play flops as 99% of investors say no– DL News. Animoca Could Be Crypto’s Next U.S. Public Offering.