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.

South Korea’s Broadcasting Media and Communications Review Committee said it will expand its defamation dispute mediation body into a nine-member panel that will also mediate disputes linked to major platforms’ measures on illegal and manipulated information. The move follows an amended Information Network Act that took effect on Tuesday. The amendment allows platforms to take steps such as deletion or access limits after reports, and lets reporters and posters seek mediation. Rules on requesting user information for privacy or defamation claims were also eased.