BlockBeats News, April 16th: According to local media reports, South Korea's National Power Party presidential candidate Hong Junpyo, on the 16th, at his campaign office on Yeouido Island, pledged to invest at least 500 trillion Korean won (approximately 240 billion RMB) over the next 5 years in research and development in areas such as artificial intelligence, quantum technology, and blockchain, aiming to achieve "super-gap technology-led growth." He clearly stated that he would emulate the Trump administration in the United States by significantly loosening regulations, promoting blockchain and virtual assets as independent industries, and introducing blockchain technology into the public sector and administrative services. Hong Junpyo emphasized that the virtual asset industry will become a new growth driver for the South Korean economy.

Hong Junpyo also proposed the "New Industry No-Barrier" system, which allows new technologies and new businesses to enter the market without prior government approval. This policy is expected to provide a more relaxed innovation environment for blockchain startups. Additionally, he plans to abolish the 52-hour workweek limit in cutting-edge industries to provide more flexible labor support for technology research and development in fields like blockchain.