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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

South Korea Elects President Who Supports NFTs, Lower Taxes On Profits From Bitcoin, Ethereum, Dogecoin

South Korea Yoon Suk-yeol

Conservative Yoon Suk-yeol, who supported deregulation of the cryptocurrency sector and issued non fungibe tokens (NFTs) during his election campaign, has been elected as South Korea’s next president.

What Happened: South Korean ruling party candidate Lee Jae-myung admitted defeat on Thursday morning, according to a BBC report.

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