Anyone that wishes to sponsor his campaign will be able to do so by directly transferring funds to his office wallet. cryptowallet cryptodonations
According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans.A Korean lawmaker, Lee Kwang-jae, has said he will start accepting cryptocurrency donations sometime in mid-January of 2022. According to the lawmaker, anyone that wishes to sponsor his campaign will be able to do so by directly transferring funds to his office wallet.
I have had a deep sense of regret that the politicians here have had an outdated perception of digital assets at a crucial time when the blockchain technologies used for cryptocurrencies, NFTs and the metaverse, are advancing rapidly day after day. The report, however, states that since the acceptance of crypto donations is yet to be institutionalized, Kwang-jae can thus only receive a maximum of $8,420 or 10 million Korean won. On the other hand, sponsors can only donate digital assets that are worth not more than $842.The plan by Kwang-jae, who is set to become one of the first lawmakers in South Korea to accept crypto donations, comes as the South Korean government exerts more regulatory pressure on the cryptocurrency industry.
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