<ul><li>South Korean candidate Lee Jae-myung from the Democratic Party won the presidency with 48% of the vote, focusing on pro-crypto policies like lifting the ban on Bitcoin ETFs and enabling crypto purchases for pension funds.</li><li>Lee's victory is significant for the local crypto community, indicating growing support for digital assets in the country.</li><li>The election had a high turnout with 80% of eligible voters participating. Lee's party has 49.3% of the vote compared to the People Power Party's 41.3%.</li><li>Lee pledges to modernize the financial system, introduce a won-backed stablecoin, and invest in AI and national defense technology to boost the economy. His win signals potential advancements in crypto regulations and economic recovery.</li></ul>

South Korea Elects Pro-Crypto President Lee Jae-Myung with a Wide Margin

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