South Korean Presidential Candidates Eye 16M Crypto Votes with Bitcoin ETF Promises

Quick Summary:

South Korean presidential candidates are making Bitcoin ETF approvals a central campaign promise as they compete for the support of the country’s substantial cryptocurrency voting bloc ahead of the June 3 election.

South Korea’s existing regulatory environment for cryptocurrency includes a number of restrictions that both of the top contenders are now vowing to alter.

He stated, “I will create a safe investment environment so that young people can [build] assets and plan for the future,” according to The Korea Economic Daily.

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Article Details

Author / Journalist: Vignesh Karunanidhi

Category: Crypto

Markets: IndiaChinaSouth KoreaUnited States

Topics: 24/7 Cryptocurrency News Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 14:49:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 589 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28472278

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