South Korea\'s financial authorities completed investigations into about 40 cases of unfair trading in digital assets over two years after the Digital Asset User Protection Act took effect and referred about 30 cases to investigative agencies. The suspects total 25, with average illicit gains of about 1.4 billion won per case. Most cases involved market manipulation, including so-called \"racehorse\" and \"fish trap\" schemes. Authorities also imposed penalties and are considering account and payment freezes and rewards for reporting unfair trading in a planned digital asset law.

South Korea\'s Broadcasting Media and Communications Commission plans to upgrade its response system to false and manipulated information under a revised information network law. It will push to strengthen accountability for large platforms and seek to set up a transparency centre to support fact-checking. The commission also plans to introduce labelling for online AI-generated content and raise transparency around recommendation algorithms. It is reviewing measures to regulate youth SNS use and preparing pay-TV regulatory changes and other media policy steps.