South Korea’s presidential candidate Lee Jae-myung calls cryptocurrency a “means of trade and investment”
South Korea’s new cryptocurrency presidential candidate Lee Jae-myung has doubled admiration for cryptocurrencies. Lee has announced to the public that he is considering creating and issuing a national set of crypto accounts. The ruling Democratic Party’s presidential candidate is more praising crypto and treating it like an asset.
Presidential candidate Lee Jae-myung is expressing his willingness to soften Seoul’s tough stance on anything crypto-related
Lee will face Yoon Seok-yeol, the nominee for the main candidate of the opposition People’s Power Party, in the general election on March 8th The Election.
Both Lee and Yoon have expressed a willingness to tone down Seoul’s tough stance on anything crypto-related. But because the Democratic Party is so dependent on the support of young voters, Lee is now trying to address the so-called “2030” demographics – those 20 to 39 year olds. Due to the surge of support in 2030, incumbent President Moon Jae-in 2017 came to power with an overwhelming victory.
But Moon’s government has taken a rigid stance on cryptocurrencies, a move that has alienated many younger Democratic Party supporters. Lee had hoped to regain that support – and tried to breathe life into his campaign with a conciliatory and even business-friendly approach to crypto.
Lee Jae-myung describes cryptocurrency as a “trading and investment instrument”
Speaking to students at elite Seoul National University who wore black hoodies, Lee Jae-myung said:
“It cannot be denied that virtual currency is a medium of exchange and investment.”
Lee also answered a student’s question about it.
Kyunghyang Shinmun quoted a student who asked the candidate about his stance on cryptocurrencies.
To which Lee responded by saying:
“I think crypto is a very positive thing. Crypto has been recognized by many players as a medium of exchange or a store of value. The crypto market has exceeded the trading volume of the domestic stock market index KOSPI. “
According to opinion poll data released by EDaily on December 6, Yoon currently leads a Real Meter poll with 6.5 percentage points ahead of Lee, while a poll by the Opinion Research Institute Korean Society rates Yoon just 1.7 percentage points higher than Yoon . However, the two seem to show that Lee bridges the gap with Yoon.
According to data released earlier this year, 60% of those who traded cryptocurrency in South Korea in the past year are between 20 and 39 years old, with more than a third under 30 years old.
Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and share information about the crypto currency market.
Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice in any way. Your money, the choice is yours.
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South Korea’s presidential candidate Lee Jae-myung calls cryptocurrency a “means of trade and investment”
South Korea’s new cryptocurrency presidential candidate Lee Jae-myung has doubled admiration for cryptocurrencies. Lee has announced to the public that he is considering creating and issuing a national set of crypto accounts. The ruling Democratic Party’s presidential candidate is more praising crypto and treating it like an asset.
Presidential candidate Lee Jae-myung is expressing his willingness to soften Seoul’s tough stance on anything crypto-related
Lee will face Yoon Seok-yeol, the nominee for the main candidate of the opposition People’s Power Party, in the general election on March 8th The Election.
Both Lee and Yoon have expressed a willingness to tone down Seoul’s tough stance on anything crypto-related. But because the Democratic Party is so dependent on the support of young voters, Lee is now trying to address the so-called “2030” demographics – those 20 to 39 year olds. Due to the surge of support in 2030, incumbent President Moon Jae-in 2017 came to power with an overwhelming victory.
But Moon’s government has taken a rigid stance on cryptocurrencies, a move that has alienated many younger Democratic Party supporters. Lee had hoped to regain that support – and tried to breathe life into his campaign with a conciliatory and even business-friendly approach to crypto.
Lee Jae-myung describes cryptocurrency as a “trading and investment instrument”
Speaking to students at elite Seoul National University who wore black hoodies, Lee Jae-myung said:
“It cannot be denied that virtual currency is a medium of exchange and investment.”
Lee also answered a student’s question about it.
Kyunghyang Shinmun quoted a student who asked the candidate about his stance on cryptocurrencies.
To which Lee responded by saying:
“I think crypto is a very positive thing. Crypto has been recognized by many players as a medium of exchange or a store of value. The crypto market has exceeded the trading volume of the domestic stock market index KOSPI. “
According to opinion poll data released by EDaily on December 6, Yoon currently leads a Real Meter poll with 6.5 percentage points ahead of Lee, while a poll by the Opinion Research Institute Korean Society rates Yoon just 1.7 percentage points higher than Yoon . However, the two seem to show that Lee bridges the gap with Yoon.
According to data released earlier this year, 60% of those who traded cryptocurrency in South Korea in the past year are between 20 and 39 years old, with more than a third under 30 years old.
Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and share information about the crypto currency market.
Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice in any way. Your money, the choice is yours.
Follow the Youtube Channel Follow the Youtube Channel | Follow Facebook page
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