South Korean investors began to take steps in crypto investors as the country's June election approached. According to reports, politicians are now taking aggressive techniques of crypto community scouting.
The country is currently proud of approximately 16 million crypto investors, representing about 36% of the entire voting population. In this development, politicians are now taking steps to ensure that sentiments have moved to their side as they look at demographic use.
In a report by point day -day, the political importance of crypto voters grew as the Bitcoin market in the country exceeded 2,600 trillion winners, competing with most of the companies listed in the Kospi.
This is not the first time politicians will try to use most people and communities, as we have seen that it plays in the United States election last year. According to some sources, Trump's decision aligned with most cryptoes is important in his victory over opposition Kamala Harris, along with Harris who chose to focus his campaign points in other aspects.
South Korea politicians go to crypto voters
According to the sun -day point ReportThese 16 million investors represent a greater part of 44.25 million country voters from the previous general election. Today, the country's major political parties are now using many crypto -focused campaign techniques to replace voters.
For example, the democratic party drafted the token securities analyst, professor Kim Yong-Jin of Sogang University, on their campaign team.
The party also saw another Crypto-deoical alignment after a Min Byeong-Deok representative introduced a draft Basic Digital Asset Act with provision for a Stablecoin's permission system attributed to the soft soft.
The candidate of the Democratic Party President Lee Jae-Myung has first promised to organize the virtual asset industry during the 2022 president's election. “I think there is a problem with the delayed development of the virtual asset market,” he said at that time.
Crypto -focused lobbying not only happens to the democratic party, along with the People Power Party also moves in the matter. According to reports, the party, which confirmed its candidate early on the June 3 showdown, released some crypto -related initiatives. This includes removal of the restriction exchange-one-bank system, establishing a taxation system, institutionalizing virtual asset trading for corporations, enabling spot ETF trading a year after taking power, and promoting South Korea as a global virtual asset hub.
The People Power Party Kim Moon-Soo candidate also responded to investors' failure. “About 16 million people, or one-third of the population, are participating in the virtual asset market, but virtual asset investors are left without even the minimum market protection steps in our country's financial market,” he said.
He also made some promises about what he would do if he wins, along with a national pension service to invest in digital possession, eliminating restrictions on direct virtual asset investment of financial institutions, and establishing a virtual asset management of the asset and administration system.
The president's candidate for the new reform Lee Jun-Seok also made promises, noted earlier in January that he intends to promote the blockchain industry. Lee said he believes the blockchain is the foundation for all digital assets, and needs to be boosted.
“There should also be attempts in the political world to make the regulations radically easy,” he said. An official from the virtual owner industry also approached it, saying, “Deregulation is required to promote investment in virtual ownership and revitalize the market.” He also added that it remains unclear where investors will decide to vote because all the President's candidates are moving in both directions.
Cryptopolitan Academy: closely – a new way to earn passive income with the defi in 2025. Learn more
