The leading candidate for the South Korean presidency promises to approve the Bitcoin ETF.

2025-05-07 13:11:22

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[The leading candidate for the South Korean presidential election promises to approve the Bitcoin ETF] According to reports, Lee Jae-myung, the leader of the Democratic Party of Korea, has become the latest presidential candidate to pledge to approve Spot Crypto Assets ETF and other crypto-friendly measures if elected. Lee Jae-myung announced his crypto commitment on May 6, as part of a broader initiative to provide more investment opportunities for South Korea’s youth, who are one of the main target groups for the upcoming June 3 election. The Korea Economic Daily (KED) quoted Lee Jae-myung speaking in Korean: “I will create a safe investment environment that allows young people to [积累] assets and plan for the future.” He also promised to legalize Spot Crypto Assets ETFs, reduce trading fees, and take more consumer protection measures.

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