Kim Moon-soo Announces 10 Major Pledges Including 'Virtual Asset Spot ETF'

Uk Jin

Summary

Candidate Kim Moon-soo announced policies including the allowance of virtual asset spot ETFs, aiming for middle-class asset growth.
He conveyed plans to promote investment activation and job creation through deregulation and tax reform for a business-friendly country.
Additionally, he presented various pledges for advancing AI and energy power, including support for AI unicorn companies.

Kim Moon-soo, the presidential candidate of the People Power Party, announced his '10 major pledges' for the presidential election on the 12th, including a virtual asset (cryptocurrency) spot exchange-traded fund (ETF).

According to the industry, candidate Kim proposed 'a country of opportunity for middle-class asset growth' as his 5th pledge. To promote middle-class asset growth, he plans to introduce a comprehensive income tax inflation indexation system, expand tax support for Individual Savings Accounts (ISA), and allow virtual asset spot exchange-traded funds (ETF). In the real estate sector, he plans to focus on revising the comprehensive real estate tax and abolishing the reconstruction excess profit recovery system.

Meanwhile, candidate Kim presented 'a country favorable for businesses, job creation' as his 1st pledge. Utilizing his experience of attracting Samsung Electronics' 1.2 million pyeong Pyeongtaek semiconductor plant during his tenure as governor of Gyeonggi Province, he plans to promote deregulation, tax reform, and investment activation to create jobs. He also promised to lower the highest corporate and inheritance tax rates, reduce industrial electricity rates, and improve the 52-hour workweek based on labor-management agreements. He announced plans to hold a Korea-U.S. summit immediately after taking office to negotiate a 'tariff package' and to regularize export promotion meetings presided over by the president.

The 2nd pledge is 'Leap to the top 3 AI and energy powers.' The pledge includes training 200,000 young AI talents and creating a 100 trillion won public-private joint fund with global companies to support AI unicorn companies.

In addition, candidate Kim put forward pledges such as ▲'A country where youth grow, a future-opening Korea', ▲'A country connected by GTX, a Korea growing together', ▲'A country good for childbirth and raising children, reassuring lifelong welfare', ▲'Recovery of the people's economy where small businesses and livelihoods revive', ▲'A country strong against disasters, a Korea protecting its people', ▲'A government cutting privileges, a country building trust', ▲'The power to overcome North Korean nuclear threats, strong national security'.