South Korea’s ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the Korean won (KRW), have experienced notable drops in market value amid the impeachment of acting President Han Duck-soo.

The impeachment of South Korea’s acting President Han Duck-soo has plunged the country into further political turmoil, coming less than two weeks after lawmakers impeached President Yoon Suk Yeol

South Korea’s opposition-controlled National Assembly voted Friday to impeach acting President Han Duck-soo despite vehement protests by governing party lawmakers, further deepening the country’s political crisis set off by President Yoon Suk Yeol’s stunning imposition of martial law and ensuing impeachment.