South Korean Presidential Candidates Focus on Virtual Asset Policies Ahead of Election

According to Foresight News, South Korea's virtual asset investors are estimated to number 16 million, accounting for approximately 36% of the nation's electorate. As the presidential election on June 3 approaches, candidates from various parties are introducing policies related to virtual assets to attract voters. Lee Jae-myung, the candidate from the Democratic Party, advocates for advancing virtual asset legislation with support from token securities experts. Meanwhile, Kim Moon-soo, the candidate from the People Power Party, proposes allowing the national pension fund to invest in crypto assets, easing ETF trading, and regulatory restrictions. Additionally, Lee Jun-seok, the candidate from a third party, emphasizes the relaxation of blockchain regulations to promote industry development. These policy proposals reflect the growing importance of virtual assets in South Korea's political landscape as candidates seek to engage with a significant portion of the electorate interested in digital currencies.