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BTCC / BTCC Square / Global Cryptocurrency /
South Korean Presidential Hopeful Pledges to Approve Crypto ETFs

South Korean Presidential Hopeful Pledges to Approve Crypto ETFs

Author:
Global Cryptocurrency
Published:
2025-05-07 10:07:01
11
3

Lee Jae-myung, the leading candidate in South Korea’s presidential race, has vowed to authorize spot cryptocurrency exchange-traded funds (ETFs) if elected. The Democratic Party nominee framed the proposal as a youth-focused economic initiative, aiming to unlock new investment avenues in digital assets.

Current regulations prohibit spot crypto ETF trading in South Korea, but the policy has emerged as a key campaign issue. Lee’s pledge signals growing political recognition of cryptocurrency’s role in modern finance.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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