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.
Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism.
With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.
