Lee Jae-myung’s victory in South Korea’s snap presidential election marks a pivotal shift toward crypto adoption.
With 49% of the vote, the Democratic Party leader overcame conservative rival Kim Moon-soo, capitalizing on public frustration after ex-President Yoon Suk-yeol’s martial law decree sparked unrest.
Key to Lee’s platform was financial innovation: enabling Bitcoin ETF launches, permitting pension fund crypto exposure, and creating a sovereign stablecoin.
The 80% voter turnout—the highest in decades—suggests strong backing for his vision. If implemented, these policies could redefine South Korea’s role in global crypto markets.
