Search results for National Assembly Members' Office Building
Telecommunications & Media
IPTV industry urges easing of fee and terms rules; US Communications Commission says it agrees with direction but needs to pace changes
South Korea\'s IPTV industry urged the Korea Communications Commission to ease regulations on fees, terms and advertising. At a seminar at the National Assembly Members’ Office Building, the head of the Korea IPTV Broadcasting Association called for legislation to pass in the autumn regular session. Speakers said shrinking advertising and production show an industry downturn despite stable subscriber numbers. The commission said it agrees with deregulation and a shift to post regulation, but called for balanced safeguards.
Crypto
Criticisms mount over digital asset phase two legislation direction
Concerns are growing that the government’s planned second phase of digital asset legislation could impose excessive regulation that hinders innovation and weakens global competitiveness. Critics targeted a proposed 15 to 20 percent cap on major shareholders’ stakes in digital asset exchanges and a requirement that banks hold 51 percent equity when issuing stablecoins. Lawmakers and experts at a forum debated legal and economic issues, including property rights and alternative regulatory approaches.
AI & Enterprise
GPU available but no electricity: Calls to ease AI data centre rules
Speakers at a forum on Jan. 9 called for regulatory easing and changes to South Korea’s power supply system to accelerate the spread of AI data centres. They said electricity demand is concentrated in the Seoul area while power generation is concentrated outside it, creating imbalances and a shortage of transmission lines. Proposals included attracting near-term projects outside the capital region, allowing direct power purchase agreements, cutting transmission fees, and expanding policy support to bridge timing gaps between data centre construction and grid expansion.