Editor's PiCK

"Korea's Virtual Asset Industry, Set to Grow Regardless of Presidential Election Outcome"

Source
Uk Jin

Summary

  • It was reported that the growth of the virtual asset industry is anticipated regardless of the Korean presidential election results.
  • It was noted that all major candidates have introduced pro-virtual asset policies.
  • It was reported that a positive environment is expected to be created for domestic virtual asset investors.

With the early presidential election just a day away, anticipation for the Korean virtual asset (cryptocurrency) market is intensifying. There is growing opinion that regardless of which candidate wins the election, the virtual asset industry will see positive effects.

On the 1st (local time), Bloomberg News highlighted Korea’s presidential election, reporting that the growth of the Korean virtual asset market could be determined by the election outcome.

Bloomberg noted, "Both of the main candidates, Lee Jae-myung and Kim Moon-soo, introduced pro-virtual asset policies during their campaigns," and evaluated, "This could potentially make Korea a more virtual asset-friendly environment."

Kim Seo-joon, CEO of Hashed, also commented, "Since all the main candidates support pro-virtual asset policies, domestic virtual asset investors can expect a clear win regardless of the election outcome."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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