According to online reports, according to Bloomberg, South Korean voters will go to polling stations on Tuesday to vote in this presidential election. Regardless of the outcome of the presidential election, the encryption industry will benefit. Two popular candidates, Lee Zae-ming and Kim Mun-soo, have both promised to relax regulations and expand access to digital assets. Candidate Lee Jae-ming proposed legalizing spot crypto ETFs and even allowing South Korea's US$884 billion pension fund to invest in crypto assets. He also advocated the widespread issuance of stablecoins pegged to the Korean won as part of a strategy to modernize the financial system and curb capital outflows. Currently, more than one-third of South Korea's population (approximately 18 million people) participate in digital asset transactions, making it one of the most active crypto markets in the world. On some trading days, the trading volume of South Korean crypto trading platforms even exceeds that of the stock market. According to data released by the Bank of Korea, the total value of crypto assets held by South Koreans as of the end of last year was approximately US$74.5 billion.