According to TechFlow, on May 5, multiple sources reported that Kim Moon-soo, the presidential candidate of South Korea's ruling People Power Party and former Minister of Labor, recently expressed his intention to allow the National Pension Service of South Korea to invest in Bitcoin.
In his campaign policy, Kim Moon-soo proposed plans to permit the National Pension Service and the Korea Investment Corporation to invest in digital assets. This move is one of the cryptocurrency-related policies introduced by South Korea's ruling party ahead of the presidential election scheduled for June 3.