ChainCatcher news, according to Jinshi reports, the leader of South Korea's ruling party, Han Dong-hoon, announced his resignation.A spokesperson for the South Korean Ministry of Defense stated that approximately 1,500 soldiers were deployed during the curfew on December 3.

ChainCatcher news, the leader of the ruling People Power Party of South Korea, Han Dong-hoon, stated that during his meeting with President Yoon Suk-yeol that day, he did not receive any reasons that could overturn his previous views. Han Dong-hoon will continue to demand that Yoon Suk-yeol cease his presidential duties.Han Dong-hoon had previously held talks with Yoon Suk-yeol, during which he confirmed that President Yoon Suk-yeol had ordered the arrest of several major political figures in South Korea under the pretext of "anti-state forces" when declaring "emergency martial law." Han Dong-hoon stated that Yoon Suk-yeol must be made to stop his presidential duties as soon as possible, or South Korea may again face extreme situations such as martial law. This statement is seen as a hint that Han Dong-hoon will support the impeachment motion to pass in the National Assembly.

ChainCatcher news, according to a report by theblock, citing informed sources, stated that South Korea's ruling People Power Party has "indefinitely postponed" its commitment to relax cryptocurrency restrictions, including lifting the ban on local spot Bitcoin exchange-traded funds (ETFs).According to local news media Chosun Biz on Wednesday, the party's reversal of its commitment may be due to difficulties in coordinating with the government and financial authorities on cryptocurrency policy.

According to ChainCatcher news, South Korea's ruling party, the People Power Party, is considering allowing U.S.-approved Bitcoin spot ETFs in their election promises. In addition to Bitcoin spot ETFs, the right-wing party also stated that it would review legislative measures to approve other cryptocurrency-related investment products that have been approved in the U.S. Currently, due to a ban by financial authorities, overseas Bitcoin spot ETFs are not allowed to be traded through domestic securities companies.Furthermore, the ruling party plans to consider gradually lifting the country's ban on institutional investments in cryptocurrencies and Initial Exchange Offerings (IEOs), and also plans to establish a "Digital Asset Promotion Committee."