South Korea's Presidential Frontrunner Vows to Approve Bitcoin ETFs
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South Korea's Democratic Party leader Lee Jae-myung has pledged to approve spot cryptocurrency exchange-traded funds (ETFs) and implement other cryptocurrency-friendly policies if elected president.

Lee unveiled these pledges on May 6 as part of a broader initiative aimed at expanding investment opportunities for Korea's youth, a key demographic in the upcoming June 3 election.

He also pledged to legalize spot cryptocurrency ETFs, reduce transaction fees and improve consumer protection measures.

According to a Korea National Barometer poll conducted between April 24 and April 30, Lee's Democratic Party of Korea leads with 42% support, while acting Korean President Han Duck-soo trails with 13%.

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