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First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline

Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.

South Korean President-elect Yoon Suk-yeol on victory night in Seoul. (Chung Sung-Jun/Getty Images)
South Korean President-elect Yoon Suk-yeol on victory night in Seoul. (Chung Sung-Jun/Getty Images)