South Korean stocks ride crypto wave as new president backs won-based tokens

south-korean-stocks-ride-crypto-wave-as-new-president-backs-won-based-tokens
South Korean stocks ride crypto wave as new president backs won-based tokens

South Korean equities have surged following President Lee Jae-myung’s pledge to permit cryptocurrency assets backed by the won. This has driven intense interest among retail investors in companies associated with digital currency projects. The benchmark Kospi Composite index has gained…

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