South Korea’s Presidential Candidates Push for Crypto ETFs & Stablecoin

South Korea’s Presidential Candidates Push for Crypto ETFs & Stablecoin
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South Korea’s top presidential candidates are vowing to legalize spot crypto ETFs, relax regulations, and introduce a won-backed stablecoin. With both contenders advocating pro-crypto policies, the country’s digital asset landscape is set for expansion regardless of the election outcome.

  • Both presidential candidates support legalizing spot crypto ETFs and easing crypto regulations.
  • A won-backed stablecoin is part of the proposed crypto-friendly policies.
  • The snap election on June 3 follows the impeachment of former President Yoon Suk-yeol.
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