South Korean conservatives promise to implement Trump-style cryptocurrency policies in presidential campaign

ChainCatcher news, according to Yonhap News Agency, Hong Joon-pyo, the presidential primary candidate of South Korea's ruling People Power Party, promised at a policy forum to significantly reduce regulations on blockchain and cryptocurrency.

The conservative candidate stated that he would follow the regulatory approach of the Trump administration in the United States. He pledged to implement blockchain technology in government services while promoting virtual assets as an independent industry.