PANews reported on January 22 that South Korea unveiled a comprehensive set of artificial intelligence (AI) regulations on Thursday, calling it "the world's firstPANews reported on January 22 that South Korea unveiled a comprehensive set of artificial intelligence (AI) regulations on Thursday, calling it "the world's first

South Korea has enacted comprehensive AI regulatory laws, raising concerns among startups that they may hinder development.

2026/01/22 14:48

PANews reported on January 22 that South Korea unveiled a comprehensive set of artificial intelligence (AI) regulations on Thursday, calling it "the world's first of its kind," aimed at strengthening trust and safety in the industry. However, startups worry that compliance could hinder their growth. South Korea hopes the new Basic Law on Artificial Intelligence will make it a leader in the field, while the EU's AI Act will be implemented in phases until 2027. Global disagreements persist on AI regulation, with the US favoring a more lenient approach to avoid stifling innovation. The bill, drafted after extensive consultation, will give companies at least a one-year grace period before authorities impose administrative fines for violations. Penalties can be severe. For example, companies failing to label generative AI could face fines of up to 30 million won (approximately $20,400). Jeong Joo-yeon, a senior researcher at the Startup Alliance, a South Korean startup consortium, said the legal wording is very vague, and companies may default to the safest approach to circumvent regulatory risks.

Market Opportunity
Startup Logo
Startup Price(STARTUP)
$0.0001424
$0.0001424$0.0001424
-9.64%
USD
Startup (STARTUP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Cronos (CRO) Flatlines Despite Altcoin Season, Analyst Explains Why

Cronos (CRO) Flatlines Despite Altcoin Season, Analyst Explains Why

According to crypto market analyst CoinBaron, Cronos (CRO) has underperformed during the current altcoin season, even as tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) posted double-digit gains. While most altcoins have outperformed Bitcoin (BTC) in the last 90 days, CRO has stalled after a strong rally earlier this year. The token is down […] The post Cronos (CRO) Flatlines Despite Altcoin Season, Analyst Explains Why appeared first on CoinChapter.
Share
Coinstats2025/09/18 05:02
Sharjah’s industrial real estate deals doubled last year

Sharjah’s industrial real estate deals doubled last year

Industrial real estate deals in Sharjah nearly doubled year on year in 2025, driven by growing demand for integrated complexes and multi-use warehouses, a senior
Share
Agbi2026/01/26 04:26
BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Share
BitcoinEthereumNews2025/09/18 01:20