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Presidential candidate Lee Jae-myung says US, North Korea summit must restart

  • Lee Jae-myung, South Korea's Democratic Party presidential candidate, pledged on May 6 to legalize spot cryptocurrency ETFs ahead of the June 3 election.
  • This commitment follows South Korea's recent crypto-friendly guidelines and reflects cross-party efforts to align with rising global Bitcoin adoption and U.S. ETF developments.
  • Lee plans to reduce digital asset transaction fees, create a unified oversight system to enhance investor protection, and implement nationwide digital asset monitoring for safer trading.
  • Lee pledged to support young South Koreans in growing their wealth by enhancing the accessibility and security of cryptocurrency investments, a move aimed at the significant portion of the electorate—approximately 36%—who are involved in digital asset trading.
  • This platform signals intensified competition on crypto policy among major parties, suggesting structural market reforms and expanded investment access could follow the June 3 vote.
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Coin Edition broke the news in on Tuesday, May 6, 2025.
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