June 3 South Korean Election May Legalize Spot ETFs and Reshape Digital Asset Access

• South Korea’s June 3 election may legalize spot crypto ETFs and open digital asset investment access
• Lee Jae-myung and PPP candidates compete to win crypto voters with ETF policy and fee reduction promises
• New ETF regulations, exchange reform, and Web3 oversight likely if either party wins Korea’s 2025 election

South Korea’s presidential election race is heating up, and crypto policy is taking center stage. Lee Jae-myung, the presidential candidate representing South Korea’s Democratic Party of Korea (DPK), has pledged to legalize spot cryptocurrency exchange-traded funds (ETFs). He also pledged lower trading fees for digital asset investors, aiming to win support ahead of the June 3 vote.

The announcement was made on his official Facebook page, where he also outlined a plan to establish a monitoring system to enhance safety in the local crypto market. 

DPK Candidate Courts Crypto Voters

His statement highlights how major parties are now actively trying to attract the country’s large and growing number of crypto users.

Lee’s statement shows a continuation of cross-party interest in reversing South Korea’s ban on spot crypto ETFs. Despite ri…

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