Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Ki Young Ju Highlights South Korean Candidates’ Unified Stance on Bitcoin ETFs

3h ago
bullish:

0

bearish:

0

Share

On May 14, Ki Young Ju, the Founder and CEO of CryptoQuant, posted on his X about South Korean Bitcoin ETFs.  He said, “All three major South Korean presidential candidates support Bitcoin ETFs and institutional investment”. Coming from a well-respected voice in the crypto industry, the statement could shape the future of South Korean digital Finance.

This kind of political agreement is rare, especially when it comes to new tech like crypto. But for investors and crypto enthusiasts, it’s a hopeful sign. South Korea might soon welcome regulated crypto investment products. Let’s explore the detailed story on how elections shape the South Korean Crypto Future.

Presidential Support Signals Major Shift for South Korea’s Crypto Future

The three presidential candidates are Kim Moon-soo (Power Party), Lee Jae-myung (Democratic Party), and Lee Jun-seok (New Reform Party). Each of them has publicly backed the idea of allowing spot Bitcoin ETFs in the country.

Currently, South Korea’s financial regulator, the Financial Services Commission, doesn’t allow spot crypto ETFs. Last year, they said there wasn’t enough legal ground to treat cryptocurrencies like Bitcoin as assets for ETFs. But now, things may be changing. On Monday, Kim Moon-soo announced that he supports including Bitcoin ETFs as part of election plans. Lee Jae-myung also promised to push for them, saying it could create better financial opportunities for young people. Lee Jae-myung, leader of the Democratic Party of Korea, said, “Youth struggles are not personal failings…They reflect structural issues caused by a lack of opportunity.”

Ki Young Ju’s Statement Sparks New Optimism in the Market

Ki Young Ju’s words are more than just a tweet, they reflect the growing possibility of crypto in the South Korean economy. For years, investors have been waiting for the country to catch up with places like the U.S., where Bitcoin ETFs are already live. His message also hints at something bigger: if all major political voices are in favour, then real policy change might be just around the corner. For young investors, crypto startups, and even big financial firms, this could mean more stability and legitimacy. With Ki’s backing, both momentum and confidence in the future are growing.

South Korea’s Crypto Future Could Be Brighter Than Ever

The interest from politicians shows that crypto isn’t just a passing trend in South Korea; it’s being taken seriously. And thanks to people like Ki Young Ju, the conversation around digital assets is becoming more focused on real solutions and growth. South Korea has always had a strong crypto user base, especially among the younger generation. But until now, regulation has held things back. With top leaders finally pushing for Bitcoin ETFs, the country might be on the edge of a major shift. 

Ki’s voice adds credibility and clarity to this moment. He’s not just sharing opinions, he’s highlighting a path forward that’s backed by data, analysis, and real political support. With all three top presidential candidates showing support for Bitcoin ETFs, the country may be ready to take a big step toward a regulated, institutional crypto market.

The post Ki Young Ju Highlights South Korean Candidates’ Unified Stance on Bitcoin ETFs appeared first on Coinfomania.

3h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.