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Telecommunications & Media

Broadcasting Media Communications Committee releases 2024 broadcast assessment; KBS1, MBN top scores by platform

South Korea\'s Broadcasting Media Communications Committee approved the 2024 broadcast assessment results for 371 stations operated by 153 broadcasters at a plenary meeting on July 22. The results will be reflected in broadcaster re-licensing and re-approval reviews. KBS1 recorded the highest score among national terrestrial TV channels, while MBN ranked top among comprehensive programming channel operators. The committee also approved the 2025 assessment basic plan and will disclose detailed results on its website.

Crypto

South Korea government, ruling party step up push for digital asset framework law this year

South Korea aims to complete digital asset legislation this year, and the ruling Democratic Party is pushing to submit a government-party package in September. A senior Financial Services Commission official said stablecoin legislation will be wrapped up quickly and will cover definitions, market rules and user protection. Key sticking points include who can issue won-based stablecoins, licensing and reserve management, AML rules, and limits on major shareholders of exchanges. The party plans to rebuild its task force after August leadership appointments.

AI & Enterprise

PIPC boosts sanction effectiveness, gains momentum in shift to prevention-focused system

South Korea\'s Personal Information Protection Commission said it shared key first-half results and plans, highlighting stronger economic penalties tied to major personal data leaks. It said total fines rose to 608.4 billion won in the first half of 2026 from 167.8 billion won in 2025 and 61.2 billion won in 2024, naming firms and institutions that received major sanctions. The commission also outlined new punitive fine rules and expanded preventive inspections and mydata download rights.