South Korea’s presidential race is increasingly centered around one key group—cryptocurrency investors. With over 16 million citizens involved in digital asset trading, candidates actively craft policies to gain support.
Recent data shows that these investors comprise 36 percent of the country’s voting population. The domestic Bitcoin market value and investor numbers have risen dramatically to over 2,600 trillion won. The crypto sector’s economic significance matches the combined value of KOSPI-listed companies, demonstrating its dominant position in the market.
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Point Daily says this shift has pushed presidential campaigns to prioritize digital asset reforms. Professor Kim Yong-jin, who is an expert in token securities at Sogang University, has now joined the Democratic Party’s advisory team. Through its Basic Digital Asset Act framework, the party established and drafted legislation to regulate stablecoins and fundamental digital assets.
The People Power Party has unveiled seven crypto-focused proposals to institutionalize the market. New regulations for virtual assets will be implemented by lifting the one-exchange-one-bank restriction, legalizing spot ETF trading, and granting corporations rights to trade under new guidelines.
Crypto Voters Reshape Campaign Promises in South Korea
People Power Party candidate Kim Moon-soo emphasized the urgency of protecting crypto investors. He criticized the current system for failing to provide basic safeguards to the millions participating in the digital asset space.
Additionally, regulatory authorities are taking action. The Financial Services Commission confirmed that non-profit groups and virtual asset exchanges will be able to sell their own tokens beginning in June. These organizations need to perform internal risk assessments to gain regulatory approval while enhancing their anti-money laundering compliance standards.
The growing political significance of crypto investors has shifted the national dialogue. Once a niche topic, digital asset policy is now at the forefront of campaign strategies. The political landscape now features parties who intend to champion crypto regulation and innovation.
Digital finance stands as a primary priority for candidates in current electoral contests. Digital currencies now function as a crucial determinant for what could become one of South Korea’s most politically scrutinized electoral races.
Conclusion
With millions of votes at stake, crypto investors have become a political priority. Their growing influence is reshaping campaign strategies and redefining the future of digital finance in South Korea.
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