South Korean President Yoon Suk Yeol has reversed his declaration of martial law after six hours of heightened tension at South Korea’s National Assembly.
The cryptocurrency market regained some footing after South Korean President Yoon Suk-yeol reversed his declaration of martial law — less than six hours after imposing it.
The declaration was lifted around 4:30 am local time during a Cabinet meeting, per local reports. Around 190 lawmakers in the country’s 300-member parliament voted to reject the martial law order.
“I will accept National Assembly’s request and lift it,” Yoon said, as reported by The Washington Post.
