
Hashed’s Kim Yong-beom was the former Vice Minister at Korea’s Ministry of Economy and Finance.
What to know:
- Korea’s new President, Lee Jae-myung, has appointed Kim Yong-beom, the now-former CEO of Hashed Research, as Chief Policy Officer.
- Kim Yong-beom previously served as Vice Minister of Economy and Finance under the Moon Jae-in administration.
- The Lee administration is expected to be crypto-friendly, with plans for a Won-based stablecoin to prevent national wealth from leaking overseas.
Korea’s new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea’s Presidential Office.
Before leading Hashed Research, crypto fund Hashed’s think tank, Kim was the Vice Minister of Economy and Finance during the Moon Jae-in administration.
In a previous interview with CoinDesk, Simon Kim, the CEO of Hashed, stated that the Lee administration will be crypto-friendly and that local regulators are closely monitoring crypto policy developments in the U.S with an aim to emulate them.
One of the first policy initiatives Kim Yong-beom might be working on is a Won-based stablecoin, which was identified by newly elected President Lee as a priority to “prevent national wealth from leaking overseas.”