South Korea’s Crypto Boom Gains Bipartisan Support Ahead of Presidential Election
South Korea’s presidential election has unexpectedly become a referendum on cryptocurrency adoption, with both major candidates endorsing digital assets as a cornerstone of national economic strategy. The rare bipartisan consensus reflects crypto’s penetration across demographics—nearly one-third of Koreans hold digital assets, including substantial representation among older, affluent investors.
"This election treats crypto as a voter acquisition tool and growth engine alongside AI and semiconductors," observes Sangmin Seo of the KAIA DLT Foundation. The technologist notes universal political urgency to align Korea’s regulatory framework with global competitors, suggesting institutional adoption will accelerate regardless of electoral outcomes.
