South Korea’s People Power Party Unveils Bold Crypto Plan
With South Korea’s presidential election set for June 3, the People Power Party (PPP) has introduced an ambitious crypto policy agenda aimed at transforming the nation’s digital asset landscape.
On Monday, PPP lawmakers revealed seven proposals during a session at the National Assembly, signaling a strategic political shift.
The proposals include easing restrictions on banks partnering with crypto exchanges and crafting legal support for tokenized assets and spot crypto ETFs.
Crypto Becomes Key Election Issue After Presidential Shake-Up
These initiatives come at a crucial moment for South Korean politics. Following the impeachment and ousting of President Yoon Suk-yeol in April, the PPP is using crypto reform as a campaign lever.
The move appears designed to appeal to the country’s tech-savvy electorate and growing base of digital asset holders.
The party’s crypto-forward stance may help it rally support among younger voters and institutional players seeking regulatory clarity.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
