From Political Chaos to Crypto Revolution: Lee Jae-myung Takes Power in South Korea
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Six months after martial law threw South Korea into disarray, voters delivered a clear mandate to opposition leader Lee Jae-myung, electing him president with 49% support.
The snap election saw record turnout, reflecting public demand for change—and Lee’s bold crypto policies may deliver just that.
The new president has pledged to let the national pension fund buy Bitcoin, approve crypto ETFs, and launch a Won-pegged stablecoin.
Dennis Porter of the Satoshi Action Fund, who observed the election, called the voter participation “wild” and praised Lee’s progressive stance on digital assets.
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