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Games & Commerce

Full overhaul talks gain momentum on South Korea game law; web board, P2E and governance issues emerge

A bill proposed by Democratic Party lawmaker Cho Seung-rae to fully revise South Korea's game industry law has entered parliamentary debate. Experts say the draft would effectively redraw the legal framework by separating arcade and online games, scrapping prize restrictions for digital games and shifting online ratings to private operators. Key disputes include web board game prize rules, possible changes affecting P2E games, provisions targeting illegal programs and private servers, and a governance overhaul of related agencies.

AI & Enterprise

South Korea pushes N2SF incentives to encourage public sector adoption

The South Korean government is moving faster to offer incentives aimed at encouraging public institutions to adopt the National Network Security Framework, or N2SF. Measures include new bonus points in public agency management evaluations, changes to cyber security inspections and a 4.5 billion won support programme led by KISA. Officials say inquiries have shifted from how to adopt the system to how to proceed and join demonstrations, though adoption remains voluntary.

Crypto

Boris Johnson slams bitcoin as 'Ponzi scheme'

Former British Prime Minister Boris Johnson criticised bitcoin, calling it a "Ponzi scheme" and saying it has less investment value than Pokemon cards with long histories and collectible appeal. He cited a case in which an acquaintance was drawn into a bitcoin investment scam and lost 20,000 pounds, highlighting the risks of financial fraud. The crypto industry pushed back, including comments from Strategy co-founder Michael Saylor and Bitcoin Bond Company CEO Pierre Rochard.