Will South Korea's New President Launch a New Era for Crypto? | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 June 2025
⏱️ 4 minutes
🧾️ Download transcript
Summary
Host Jennifer Sanasie breaks down the latest news in the crypto industry as South Korea’s presidential election is under way.
South Korea’s presidential election is under way and exit polls project a win for Lee Jae-Myung, a pro-crypto leader from the liberal party. Plus, Robinhood completes the $200 million acquisition of European crypto exchange Bitstamp and what's behind the slowdown of activity on the XRP Ledger? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:49.7 | A new era for crypto in South Korea and XRP ledger activity slows. |
| 0:55.6 | If you're watching Coin Desk Daily, I'm your host, Jen Senassi. |
| 1:01.6 | South Korea's presidential election is underway and exit polls project a win for the |
| 1:08.1 | liberal party's Li J. Myeong. |
| 1:10.6 | Myeong and his opponent have both proposed |
| 1:12.2 | policies that could be beneficial for crypto. Mian is called for regulatory reform and the easing |
| 1:17.6 | of restrictions that currently limit crypto investment and adoption in the country. He's also proposed |
| 1:22.7 | creating a stable coin tied to the Korean one to prevent capital outflows and strengthen national financial |
| 1:28.4 | sovereignty under current law stable coin issuance is prohibited, forcing local Korean exchanges to rely on |
| 1:34.8 | US dollar-based alternatives. Wish you could access cash without selling your Bitcoin? Leden makes |
| 1:40.3 | that possible. The global leader in Bitcoin-backed lending, Leden has issued over $9 billion |
| 1:45.1 | in loans since 2018 and never lost a single Satoshi of client assets. Why is the Lennon loan |
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