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Telecommunications & Media

Korea media watchdog votes to block access to overseas prediction market Polymarket

South Korea\'s Broadcasting Media and Communications Review Committee voted to block domestic access to the overseas prediction market platform Polymarket after judging it constitutes illegal gambling and speculative activity under Korean law. The committee said the platform could amount to aiding gambling or opening a gambling venue and similar acts under relevant statutes. It rejected arguments that removing Korean-language services and won payments or using decentralised technology exempts it from Korean laws.

Crypto

U.S. CLARITY crypto bill odds drop to 40 percent amid Trump conflict of interest row

Odds that the United States will pass the CLARITY bill, a crypto market structure measure, by year-end have fallen to about 40 percent, an outlook said. Democrats are amplifying concerns over President Donald Trump’s potential crypto conflict of interest, raising uncertainty around the bill. Polymarket reflects the reduced probability. Market activity slowed in the second quarter, while prediction markets and tokenised stocks grew. Security threats persisted, and Base said it is shifting strategy.

Telecommunications & Media

Samsung Electronics boosts Galaxy security, blocks phishing apps from installation to execution

Samsung Electronics is strengthening security features on its Galaxy devices to pre-empt mobile financial fraud such as malicious apps, messages and voice phishing. From One UI 9.0, set to ship on new smartphones in the second half of the year, it will enhance phishing app risk alerts and block suspicious apps from running. It is also expanding malicious message filtering and adding AI-based features including call screening and real-time voice phishing alerts.