The President of South Korea appoints a cryptocurrency expert as Chief Policy Officer, or may launch a Korean Won stablecoin.

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South Korea's new president, Lee Jae-myung, has appointed Lee Jae-myung, the former CEO of Hashed Research, as the chief policy officer of the South Korean presidential office. Lee Jae-myung, who previously served as vice minister of economy and finance during the Moon Jae-in administration, is considered one of the most knowledgeable senior officials in the South Korean government about cryptocurrencies and Web3. The analysis notes that the Lee Jae-myung government is expected to be friendly to cryptocurrencies. One of Lee Jae-myung's first policy moves after taking office is likely to be to promote the issuance of a won-based stablecoin aimed at preventing the country's wealth outflow, which is also in line with President Lee Jae-myung's previous policy priorities.

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HodlNerdvip
· 06-07 05:22
Bullish on K-stablecoin paradigm
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