Search results for National Assembly Members' Office Building
AI & Enterprise
Ruling party science committee holds policy talks on second-half priorities, AI budget, power and network law
Ruling party lawmakers on the National Assembly’s science, ICT, broadcasting and communications committee held closed-door policy talks on July 22 with relevant government agencies. Participants reviewed progress on existing projects for the second half, including space launch vehicles and nuclear power safety issues. Lawmakers also discussed budget constraints for large AI projects such as AI data centres and physical AI, power demand linked to AI expansion and the need to strengthen SMR research and investment.
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.
