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CoinVoice has recently learned that according to the Korea Economic Daily, Lee Jae-myung, the leader of the Democratic Party of Korea, has become the latest presidential candidate to promise that if elected, he will approve Spot Crypto Assets exchange-traded funds (ETF) and other Crypto Assets-friendly measures. Lee Jae-myung announced his Crypto Assets commitment on May 6 as part of a broader initiative to provide more investment opportunities for young people in Korea, who are one of the main target demographics for the upcoming June 3 election.
The Korea Economic Daily (KED) quoted Lee Jae-myung saying in Korean: "I will create a safe investment environment for young people to [accumulate] assets and plan for the future." He also promised to legalize Spot Crypto Assets ETFs, reduce trading fees, and implement more consumer protection measures.