First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order

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First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order
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India will release a CBDC sooner than previously indicated, and South Korea elected a crypto friendly president; cryptos have a good day following the release of U.S. President Joe Biden's executive order. amitoj and JPRubin23 report

Wednesday was a good day for crypto in parts of Asia, as well as the U.S. and Dubai.

But the news was far from the only boost on the regulatory and political front for cryptos. South Korea elected a new president in an election that was marked partly by the two main candidates' efforts to woo younger voters by promising crypto friendly policies. India's finance minister said that the nation's central bank would launch a central bank digital currency sooner than previously indicated.

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