Although crypto was important during the contentious election, whether it becomes a bill and then legislation that is enacted is another question entirely; cryptos are in the red over the weekend. TheSamReynolds and JPRubin23 report
Housing prices, economic inequality and feminism were issues at the core of South Korea’s recent election –For both parties, crypto was an unusually noticeable policy plank in an election where arguably more important issues, such as the lack of affordable housing, was center stage in a country anxious about a slowing economy and rising inequality.
For Yoon’s part, his “digital asset promotion agency” wasn’t without much specificity and was eventually dropped from campaign literature. Although crypto was important during this contentious election, whether it makes it through to a bill and then legislation that is enacted is another question entirely. There are probably more pressing issues to worry about for lawmakers now that the election is over.ETH/BTC price ratio, weekly chart
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