Lee Jae-Myung, previously chosen by the new president of South Korea, promised its voters the legalization of cryptocurrency ETFs in the country and the launch of stabilcoins in won.

According to the South Korean media, during the election campaign, a candidate from the Democratic Party Lee Zhe Men actively promoted a cryptocurrency agenda, promising in case of his election to support the development of the South Korean digital assets industries.

In particular, he proposed to allow the National Pension Fund, the management of assets of $ 884 billion, invest part of the funds in cryptocurrencies and accelerate the development of the second stage of regulation of crypto industries, including the rules for stablecoins tied to the national currency rate.

“We must maintain national wealth within the country and create our own stabelcoin market in Vona in order to reduce dependence on foreign stabilcoins, such as USDT,” Lee said.

In addition, the president intends to create a favorable legal environment for Attraction Foreign investments and development of infrastructure for stakeing and storage of digital assets, which can mean for crypto -investors to expand access to new financial products and reduce transaction costs.

Earlier, and Seoul law enforcement agencies of South Korea detained a 20-year-old citizen of Russia, suspected of involvement in an attempt to rob cryptoinvestors in the amount of $ 728,000.