| Mobile Web

Search results for Post Tower

AI & Enterprise

South Korea\'s AI privacy regulation friction among world\'s highest; 79 percent of firms burdened by consent rules

Nearly 8 in 10 South Korean AI companies say they face a heavy regulatory burden in meeting consent requirements for collecting and using personal data, a survey showed. A separate international comparison found South Korea’s personal-data regulatory friction score was the highest among 48 jurisdictions, tied with China. The findings will be presented at a joint academic seminar in Seoul on Oct. 15.

AI & Enterprise

MSIT discusses platform policy in AI era at strategic task forum

South Korea\'s Ministry of Science and ICT reviewed changes in the platform industry environment stemming from the spread of artificial intelligence and discussed future policy direction. The ministry held a strategic task forum in Seoul with the Digital Platform Policy Forum, the Korea Internet Corporations Association and the Korea Information and Communications Law Association. Presentations covered the value of platforms in the AI era and regulatory issues and improvements. Officials said views raised will be reflected in future policy.

Crypto

U.S. CLARITY Act stalls, raising questions for South Korea\'s digital asset framework bill timeline

The U.S. Senate failed to advance the CLARITY Act, a bill to define oversight of digital assets by the SEC and CFTC, after a procedural vote fell short of the 60 votes needed. Market participants in South Korea say the delay could become a variable in talks on the country’s digital asset framework bill, where issues such as won stablecoins, exchange and custody rules are being debated. South Korea’s Democratic Party says it remains committed to passing the bill this year.