Lee Jae myung was elected as the President of South Korea, and his previous policy stance on encryption was: 1. Promote the legalization of Bitcoin and cryptocurrency spot ETFs; 2. Issue Korean won stablecoins to curb capital outflows; 3. Reduce transaction costs and optimize regulatory systems; 4. Combining youth policies and seeking support from young voters; 5. Establish a Digital Asset Committee to promote industry legislation; PS.