The South Korean presidential election on June 3rd is approaching, with virtual asset investors making up 36% of the total electorate becoming a key voter base for various candidates. Industry estimates suggest that there are about 16 million virtual asset investors in South Korea, and the market size is comparable to that of the KOSPI market capitalization. Candidates from various parties have proposed policies related to virtual assets: the ruling Democratic Party has promised to advance the Basic Act on digital asset, while the opposition People Power Party has proposed seven major policies including lifting restrictions on institutional investments and allowing ETF trading. Industry insiders indicate that due to the strong demand from investors for policy relaxation, the voting tendencies of this group will have a significant impact on the election outcome.

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