South Korea's Election: 16 Million Digital Asset Investors Become Key Voters

ChainCatcher news, according to Point Daily, with the South Korean presidential election on June 3 approaching, digital asset investors, who account for 36% of the total electorate, have become a key voting bloc for various candidates. Industry estimates suggest that there are about 16 million digital asset investors in South Korea, and the market size is comparable to the market capitalization of the KOSPI.

Candidates from various parties have proposed policies related to digital assets: the ruling Democratic Party promises to advance the Digital Asset Basic Law, while the opposition People Power Party has proposed seven major policies, including lifting restrictions on institutional investment and allowing ETF trading. Industry insiders indicate that due to the strong demand from investors for policy relaxation, the voting preferences of this group will have a significant impact on the election outcome.