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Telecommunications & Media
Korea panel blocks 64 overseas sites generating AI porn and deepfakes
South Korea's Broadcast Media Communication Deliberation Committee decided to block access to 64 overseas websites that can generate sexual deepfakes and pornography using photos of real people. The panel said many of the sites support Korean and allow users to create deepfakes or pornographic material with small payments. It cited penalties under a special law on sexual violence for producing sexual fake videos and under the Information and Communications Network Act for distributing obscene material.
AI & Enterprise
South Korea enacts national AI ethics principles outlining three core values and seven principles
South Korea has enacted the "Republic of Korea AI Ethics Principles," a shared standard for society to follow in AI development, provision and use. It sets three core values: human dignity, the public good and humanity's sustainability. It also outlines seven principles including human-centricity, privacy protection, fairness and inclusiveness, accountability, safety, reliability and transparency. The Science and ICT ministry said the principles lack legal force but will underpin sector-by-sector ethics standards and guidelines.
AI & Enterprise
MSIT launches generative AI service to check ICT regulations
South Korea's Ministry of Science and ICT will provide a generative AI-based regulatory search service so companies can quickly check whether rules and permits apply to new technologies and services. The ministry and the National IT Industry Promotion Agency said they will offer the "ICT Regulatory Sandbox Rapid Regulation Check Service" to 300 companies, including ICT regulatory sandbox applicants. Vouchers for up to 100 questions per month will be provided on a first-come, first-served basis through year-end.
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Crypto
Ripple Prime raises $275 million; XRP reserves key credit factor
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Crypto
Zcash hits 8-year high on ETF hopes, eyes XRP market cap
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Crypto
Solana tokenised treasuries and stocks drive RWA to $4 billion record
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Telecommunications & Media
Apple Store overhaul fuels speculation on new HomePod, Apple TV and smart home hub
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Crypto
Shiba Inu taps Japan institutional market as new exchange picks approved assets
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Telecommunications & Media
Apple's first touchscreen MacBook Pro could arrive in October
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Telecommunications & Media
Hands-on with Apple's foldable iPhone Ultra shows 4 unexpected advantages
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Crypto
XRP surge stirs institutional demand; ETF weekly net inflows hit three-month high
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Games & Commerce
Kakao Games secures funds for shareholder returns, executives buy 500 million won of treasury shares
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Finance
One-stop update links name, ID number changes across financial firms
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Games & Commerce
Namkoong Hoon buys 1 percent stake in Kakao Games, says game industry will grow again
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Finance
BNK Financial to provide 1.6 trillion won in Chuseok funding for SMEs and small merchants
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Finance
Naver Pay runs Npay Connect promotion with Mammoth Coffee
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AI & Enterprise
Kakao's Brunch holds 14th contest, changes publisher matching
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Crypto
DB Financial Investment joins Ethereum Korea One as title sponsor