Pro-Crypto Leader Lee Jae-myung Wins South Korean Presidency in Landslide

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In a historic election marked by high turnout, South Korea’s Democratic Party leader Lee Jae-myung secured the presidency with 49% of the vote, defeating conservative opponent Kim Moon-soo.

The snap election followed months of political instability under former President Yoon Suk-yeol, who declared martial law before his ouster.

Lee’s campaign centered on crypto-friendly reforms, including Bitcoin ETF approvals, pension fund crypto investments, and a state-backed stablecoin.

Analysts say his policies could position South Korea as a global crypto hub while addressing financial modernization and capital outflow concerns.