Kim Yong-Bum, former CEO of Hashed Research, appointed as Policy Director of the South Korean Presidential Office

Odaily Planet Daily News On June 7, South Korea's new President Lee Jae-myung appointed Kim Yong-beom, former CEO of Hashed Research, as the head of the presidential policy office. This position is at the ministerial level and is responsible for coordinating the direction of national policies. Kim Yong-beom was formerly the Deputy Minister of Economy and Finance of the Moon Jae-in government and has extensive experience in macroeconomics and regulation. According to Hashed CEO Simon Kim, this move shows that the Lee Jae-myung government is friendly to cryptocurrencies and plans to promote stablecoins denominated in Korean won to prevent the outflow of national wealth. Simon also revealed that South Korean regulators are closely watching the trend of crypto policy in the United States and intend to learn from its regulatory path. (CoinDesk)