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Games & Commerce

Naver-Dunamu merger hurdle eases as committee recommends amending enforcement decree

South Korea\'s Presidential Regulatory Reform Committee\'s growth subcommittee reviewed an enforcement decree revision to the Act on Reporting and Using Specified Financial Transaction Information on July 24 and recommended that the Financial Services Commission add an exception to fit-and-proper screening rules for major shareholders of virtual asset service providers. The recommendation could ease regulatory burdens raised during Naver\'s bid to acquire Dunamu. The revised law is set to take effect on Aug. 20.

AI & Enterprise

South Korea speeds up agentic AI ecosystem drive to open one-agent-per-person era

South Korea will speed up efforts to build an agentic AI ecosystem in which AI can plan autonomously and carry out tasks using external systems and tools. The Ministry of Science and ICT announced a joint interagency initiative focused on safety and trust, an open execution base and demand-led adoption. Plans include safety guidelines, evaluation tools, a private marketplace for verified agents, core AI operating system technology and industry consortium pilots.

Finance

Financial regulators weigh single-stock leverage ETFs ahead of presidential briefing

South Korea\'s financial authorities are accelerating work on measures for single-stock leveraged exchange-traded funds ahead of a presidential briefing on July 15, but are struggling to find a clear solution. The Financial Services Commission, Financial Supervisory Service and Bank of Korea held a working-level meeting to discuss market impact and possible fixes. Market participants expect details after upcoming policy meetings. Strong steps such as delisting are seen as impractical.