Korea's new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea's Presidential Office. A very sad day at @hashed_official. The new president just stole the CEO of our proud think tank, Hashed Open Research. He’s now Chief Presidential Secretary for Policy —a minister-level position, and arguably the most crypto-native and Web3-friendly official in Korean… pic.twitter.com/VS2ouCjgRa— Simon Kim (@simonkim_nft) June 6, 2025 Before leading Hashed Research, crypto fund Hashed's think tank, Kim was the Vice Minister of Economy and Finance during the Moon Jae-in administration. In a previous interview with CoinDesk, Simon Kim, the CEO of Hashed, stated that the Lee administration will be crypto-friendly and that local regulators are closely monitoring crypto policy developments in the U.S with an aim to emulate them. One of the first policy initiatives Kim Yong-beom might be working on is a Won-based stablecoin, which was identified by newly elected President Lee as a priority to "prevent national wealth from leaking overseas."