Gopax' Lee on S. Korea's Crypto Policies and Outlook

The video discusses the impact of upcoming elections on crypto regulations in Korea, highlighting the strong public support for crypto and the challenges of enacting anti-crypto policies. It explores the influence of public sentiment, especially among younger generations, and the potential for policy changes post-election. The video also covers the decision of crypto platforms to target Russian accounts, emphasizing the importance of aligning with mainstream values and human rights.

What is a major factor that could potentially reverse the positive policy direction for crypto in Korea?

• A nationwide scandal involving crypto

• A change in government leadership

• An increase in real estate prices

• A decrease in global crypto prices

Why is it challenging to enact anti-crypto policies in Korea?

• Due to the lack of global recognition of crypto

• Due to the high percentage of the population involved in crypto

• Because crypto is not popular in Korea

• Because the government is against crypto

How do younger generations in Korea view crypto?

• As a risky investment

• As a temporary trend

• As a form of digital hope and community

• As a replacement for real estate

What change is expected in the treatment of crypto investors compared to stock investors?

• More restrictions on crypto trading

• Complete ban on crypto investments

• Increased taxation on crypto

• Equal treatment in terms of taxation

Why did some crypto platforms decide to target Russian account holders?

• To support the Russian economy

• To increase their market share

• To align with ethical standards and mainstream values

• To avoid competition