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Minor Presidential Candidate Drops Controversial Voter-calling Campaign

Minor Presidential Candidate Drops Controversial Voter-calling Campaign

SEOUL, Jan. 29 (Korea Bizwire) — A minor presidential candidate known for his eccentric campaign pledges and behavior has stopped making phone calls encouraging people to vote following complaints the constant reminders were getting on their nerves. Huh Kyung-young, the candidate of the National Revolutionary Party, began calling millions of voters in November using automated [...]

Yoon Vows to Deregulate Virtual Asset Industry

Yoon Vows to Deregulate Virtual Asset Industry

SEOUL, Jan. 20 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol vowed Thursday to deregulate the virtual asset industry to further promote its growth. Yoon of the conservative People Power Party said the industry should be allowed to operate without regulations unless they have been explicitly prohibited. “To realize the unlimited potential of the [...]

Lee Vows Legalization of Virtual Asset Industry

Lee Vows Legalization of Virtual Asset Industry

SEOUL, Jan. 19 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung said Wednesday he will institutionally recognize the virtual asset industry and guarantee various business opportunities. Lee of the Democratic Party made the remarks in a meeting with heads of the nation’s four major cryptocurrency exchanges and industry experts in Seoul, apparently targeting voters [...]

Yoon Pledges to Ease Tax Burden on Cryptocurrency Investment Profits

Yoon Pledges to Ease Tax Burden on Cryptocurrency Investment Profits

SEOUL, Jan. 19 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol pledged Wednesday to ease the tax burden on profits from cryptocurrency investments by raising the threshold from the current 2.5 million won (US$2,097) to 50 million won. Yoon of the conservative People Power Party announced the pledge at the party’s headquarters, saying he [...]

Ruling Party’s Presidential Candidate Eyes ‘De Facto’ Unification with N. Korea

Ruling Party’s Presidential Candidate Eyes ‘De Facto’ Unification with N. Korea

SEOUL, Jan. 16 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung said Sunday he would seek a “de facto state” of inter-Korean unification based on coexistence and mutual prosperity in a short-term and rather realistic goal if he gains power. Lee of the liberal Democratic Party made the remark during a visit to the [...]

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

SEOUL, Jan. 5 (Korea Bizwire) — Online communities related to hair loss were full of excitement amid news that Democratic Party presidential candidate Lee Jae-myung is reviewing the idea of extending coverage under the national health insurance plan to hair loss medication as one of his presidential pledges. An official from the party’s campaign committee [...]