South Korean opposition leader Lee Jay Meongy was sworn in as president after a decisive victory in early elections, after a set of pro -profit policies promised during his campaign.
He got victory in the June 3 elections, which was held six months after the former country leader, Yoon Sok, for the fighting law and threw the nation in political chaos.
With 99 % of the votes that were calculated on June 4, the Democratic Party brought me more wrap Data.
Reuters I mentioned Nearly 80 % of the 44.4 million qualified voters in South Korea are qualified votes in the highest demand for presidential elections since 1997.
The founder of the Satoshi Dennis Porter, who was in South Korea on election day, He said The turnout was “wild”, noting that Lee has committed to allowing the National Retirement Fund worth $ 884 billion to invest in Bitcoin (BTCCrypto also promised to allow Bitcoin to launch Funds circulating for exchange (ETFS).
Lee also has ambitions for Korea -backed Stablecooin to update the country’s financial system and STEM.
He said during the policy discussion in May: “We need to create a stablecoin market backed to prevent national wealth from leakage abroad.”
Kim also operated a campaign that supported the launch of the Spot Crypto ETF and pledged to reduce the regulations and expand the encryption adoption.
Related to: South Korea’s encryption industry to win, regardless of the results of the sudden elections
Bitcoin prices rose to 149,000 Won ($ 108,480) on the leading stock exchanges, bithumb and UPbit, as is the so -called Kimchi premium The asset trade witnessed approximately 2 % higher compared to global exchanges, reaching about 106600 dollars before declining slightly.
I also address a set of politics decisions
He took office as South Korea has facing great challenges, including economic conflicts with high living costs, and ongoing trade negotiations with American and regional geopolitical tensions.
It is not clear how high it is to give priority to his promises related to encryption, but in addressing the crowds of supporters in the capital of Seoul in the country, he promised me to “work to restore the economy” from the first day and to ensure military coups is something of the past.
He promised me to focus on economic recovery by increasing investment in intelligence and artificial defense, canceling the expansion of the prosecution system, and introducing social changes, including a week of four and a half working.
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