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Both candidates in South Korea’s presidential election support spot crypto ETFs, forming a cross-party consensus Kim Moon-soo, the presidential candidate of the right-wing party in South Korea, officially announced on Monday his support for the adoption of spot cryptocurrency ETFs in South Korea as part of his campaign promises. Previously, Lee Jae-myung, the candidate of the left-wing Democratic Party, also promised to introduce spot crypto ETFs. The candidates of the two major political parties have formed a cross-party consensus to promote wealth accumulation among the middle class and provide more opportunities for the younger generation. The chairman of the Financial Services Commission of South Korea stated that he would discuss the implementation plan with the new government. The success of spot crypto ETFs in the United States (net inflows of more than US$43 billion) has become a key factor in prompting South Korea to re-examine such products. The South Korean presidential election is scheduled to be held on June 3, 2025. (The Block)

Ripple’s Global Co-Head of Policy says political participation in Washington helped shift U.S. leadership toward crypto support. Ripple’s outreach spanned the 2024 election cycle and major political events. Ripple is stressing the importance of engaging directly with policymakers. In a video posted on X, Global Co-Head of Policy Lauren Belive stated that “decisions are made by those who show up,” quoting the TV show The West Wing. She said Ripple made a strategic decision to invest in the political process throughout 2024. Belive highlighted the company’s efforts during a challenging period under SEC Chair Gary Gensler. His agency issued more than 100 enforcement actions against crypto firms, which Ripple argues disrupted fair regulation. In response, Ripple increased its political activity. It worked to educate lawmakers on blockchain technology and the importance of consumer protection. Ripple participated in both the Democratic and Republican national conventions. It also attended the presidential inauguration and the White House Crypto Summit. According to Belive, these efforts contributed to the election of a more crypto-friendly Congress and president. Ripple is now involved in bipartisan discussions in Congress aimed at drafting long-term crypto legislation. Belive described this as a historic opportunity to build a responsible framework for the next century of innovation. Related: SEC and Ripple Strike Settlement: What’s Inside the New Deal? Meanwhile, Ripple and the U.S. SEC have jointly requested a ruling from Judge Analisa Torres to finalize a settlement agreement reached in April. The agreement would cut Ripple’s penalty from $125 million to $50 million and vacate a prior injunction restricting future XRP sales. If Judge Torres approves, the parties plan to seek a remand from the appellate court to formally dissolve the injunction and return $75 million to Ripple from escrow. Once finalized, the SEC’s appeal and Ripple’s cross-appeal would be dismissed, fully resolving the dispute. While Ripple promotes its public engagement, new reports allege that lobbyist Brian Ballard influenced President Donald Trump’s decision to include XRP in the U.S. Crypto Strategic Reserve. Ballard reportedly received at least $60,000 from Ripple in 2024. Though the nature of the payment remains unclear, political insiders suggest it was tied to XRP’s inclusion. Sources say Ballard used his connections with Trump to promote XRP behind closed doors. Related: Lobbying Helped, But XRP’s Stockpile Listing Matches Its Global Use Case Despite the controversy, analysts say XRP’s removal from the strategic reserve is unlikely. Ripple made sizable donations of over $5 million to Trump’s campaign and inauguration, strengthening political ties. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

be ware while trading these coins as may delist at any time from now $VIB , $MUBI $PDA $WING

Bitget is taking major steps this May 1 It will delist $PDA $VIB $WING $MUBI pairs on May 10 to clean its market and reduce risky tokens 2 Nigeria’s new crypto law now allows #Bitget to legally operate adding more trust 3 $BGB is gaining momentum now trading near $4.31 powered by high Launchpad and Earn usage 4 Bitget strengthens KYC and AML rules in line with global standards This shows Bitget is serious about security growth and token utility

Bitget announced it will delist the following trading pairs: PDA/USDT, VIB/USDT, WING/USDT, and MUBI/USDT on May 10, 2025, at 10:00 UTC. Deposits are already disabled, and users must withdraw assets by August 10, 2025. This move is part of Bitget’s routine evaluation process. Source