🚨 BREAKING NEWS: South Korea has elected a crypto-friendly president 🇰🇷 Yoon Suk-yeol wants to bring back initial coin offerings, roll back regulations, and increase the capital gains threshold for investors 🔥
Initial coin offerings could be about to make a comeback in South Korea after a crypto-friendly candidate was elected president.
Both he and Lee Jae-myung, who represented South Korea's ruling party, had promised to roll back some of the tough regulatory measures that had been imposed during the five-year tenure of Moon Jae-in. The Korea Society of Fintech Blockchain, Kim Hyoung-joong, said crypto had become a focal point of the campaign because people in their 20s and 30s were floating voters."The 40s, 50s and 60s have already picked one candidate and they’re not changing."
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