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Will South Korea's New President Launch a New Era for Crypto? | COINDESK DAILY

Jun 3, 2025
The podcast dives into South Korea's presidential election, spotlighting pro-crypto candidate Lee Jae-Myung and his potential reforms. A proposed stablecoin could signal a shift in the crypto landscape. It also covers Robinhood's $200 million acquisition of Bitstamp, stirring excitement in the European market. Additionally, the slowdown of activity on the XRP Ledger raises intriguing questions about market trends. Overall, the discussion highlights significant changes and opportunities in the world of cryptocurrency.
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INSIGHT

Pro-Crypto Leadership in South Korea

  • Lee Jae-Myung, South Korea's likely next president, supports crypto regulatory reform and easing restrictions to boost adoption.
  • He proposes a Korean won–tied stablecoin to curb capital outflows and enhance financial sovereignty.
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