People Power Party Kim Moon-soo, a candidate for the presidential primary, noted on the 27th, "I will allow government agencies such as the National Pension Service and Korea Investment Corporation to invest in virtual assets."
Candidate Kim said at the campaign office in the Daehwa Building in Yeouido, Seoul, "Considering changes in the domestic and international economic environment, the existence of virtual assets can no longer be denied. I will foster a healthy virtual asset industry to revitalize the economy," announcing this pledge.
Candidate Kim also pledged to allow government agencies to trade virtual asset exchange-traded fund (ETF) products and to lift restrictions on direct investments in virtual assets by financial companies.
He also promised to establish a Virtual Asset Secretary at the presidential office for the protection of virtual asset investors and to place a Digital Asset Commission under the Prime Minister's office to promote and supervise digital assets.
Candidate Kim emphasized, "Approximately 16 million people, which is about one-third of the population, participate in the virtual asset market, but virtual asset investors in our country are left without minimum protection measures," and said, "I will implement policies to protect individual investors from damage caused by crime and information imbalance and to create a healthy market environment."
Meanwhile, on the same day, Kim's campaign announced the appointment of Representative Jo Seung-hwan, who served as the Minister of Oceans and Fisheries, as the head of the Government Innovation Headquarters. Representative Jo is expected to oversee Kim's government innovation strategy. The campaign also appointed former lawmaker Kim Eun-hee, born in 1991 and a former tennis player, as the head of the Youth Communication Headquarters and youth spokesperson.
For the head of the Future Innovation Policy Headquarters, a leading authority in the field of virtual assets, U.S. lawyer Joo Hyun-cheol was appointed. Additionally, Yoo Je-min and Ku Myung-ho were each recruited as youth spokespersons.