
In the lead-up to South Korea's parliamentary elections, the nation's major political parties are emphasizing cryptocurrency as a key issue, highlighting the country's significant role in the global digital-asset market. The Democratic Party has specifically promised to lift restrictions on US ETFs holding tokens if they gain legislative control, reflecting a broader trend where, last month, South Koreans bought over $200 million worth of MicroStrategy shares. This focus on cryptocurrency reflects the parties' strategies to appeal to voters, with both the ruling and opposition parties believing that favorable crypto policies could sway younger voters. The election, set for April 10, has seen crypto-related promises become potentially decisive factors, despite skepticism from experts about the effectiveness of these pledges.
Need a primer ahead of South Korea's elections? Both the ruling and main opposition parties have made crypto-related campaign pledges. https://t.co/8H7vijLK8N
SOUTH KOREAN POLITICAL PARTIES DESPERATE TO WIN THE CRYPTO VOTE “Both the ruling and opposition parties are under the illusion that if they act in favor of crypto assets, they’ll win over younger voters. They always have been”, said a South Korean professor of digital finance.… https://t.co/6jebxbZnkg https://t.co/ugW9j145dE
JUST IN: SOUTH KOREA'S 2 LEADING POLITICAL PARTIES MAKE CRYPTO-RELATED PROMISES AHEAD OF ELECTION




