During the election Lee Jae-myung made a host of crypto promises to appeal to the nation's 15 million crypto investors.

President Lee Jae-myung’s rise to South Korea’s highest office marks the return of a left-leaning populist with deep working-class roots and bold plans for institutional crypto integration. Though crypto was not directly mentioned in Lee’s inauguration speech on June 4 after the impeachment of his predecessor,

President Lee Jae-myung has made several crypto promises, including spot crypto ETF approvals and cutting down crypto transaction fees.