Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
Hashed Research CEO Appointed Chief Policy Officer at Korea’s Presidential Office
- News In 4 Seconds
Sam Reynolds
- 0
- 24 minutes read
BTC
$104,339.87
+
3.73%
ETH
$2,489.89
+
3.60%
USDT
$1.0007
+
0.02%
XRP
$2.1825
+
5.29%
BNB
$645.93
+
3.08%
SOL
$149.31
+
5.20%
USDC
$0.9998
–
0.04%
DOGE
$0.1796
+
5.84%
TRX
$0.2771
+
3.80%
ADA
$0.6632
+
6.94%
HYPE
$33.72
+
3.14%
SUI
$3.1968
+
10.11%
LINK
$13.51
+
6.38%
XLM
$0.2639
+
4.35%
LEO
$8.9154
+
0.79%
AVAX
$19.46
+
5.01%
BCH
$396.97
+
4.56%
TON
$3.1357
+
4.34%
SHIB
$0.0₄1251
+
4.51%
HBAR
$0.1647
+
5.11%
Share this article
By Sam Reynolds|Edited by Nikhilesh De
Jun 6, 2025, 7:50 p.m.
- Korea’s new President, Lee Jae-myung, has appointed Kim Yong-beom, the now-former CEO of Hashed Research, as Chief Policy Officer.
- Kim Yong-beom previously served as Vice Minister of Economy and Finance under the Moon Jae-in administration.
- The Lee administration is expected to be crypto-friendly, with plans for a Won-based stablecoin to prevent national wealth from leaking overseas.
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.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the State of Crypto Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to ourterms of useandprivacy policy.
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.”
Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX’s collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.
