South Korean lawmaker Lee Kwang-jae announced on Sunday that he has started accepting political donations in cryptocurrencies.

Fast facts

  • The first donor was an anonymous professional from the blockchain industry who expressed his support for the integration of blockchain technology in politics, according to Lee’s office. 
  • Lee heads the future economy committee of Lee Jae-myung’s presidential campaign.
  • The presidential candidate is a member of the ruling Democratic Party and is also planning to send NFTs as receipts for campaign donations.