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)
$0.0000772
$0.0000772$0.0000772
-43.19%
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

tonies Unveils Lightning Yellow Toniebox 2 Special Edition in Partnership with Pokémon

tonies Unveils Lightning Yellow Toniebox 2 Special Edition in Partnership with Pokémon

New lightning yellow Toniebox 2 special edition is inspired by Pikachu and designed in partnership with The Pokémon Company International The lightning yellow Toniebox
Share
AI Journal2026/01/27 19:31
UAE’s Stargate data centre to cost $30bn, says AI minister

UAE’s Stargate data centre to cost $30bn, says AI minister

The cost of the UAE’s flagship Stargate data centre project will rise to more than $30 billion, the country’s AI minister has said. Omar Al Olama told the Machines
Share
Agbi2026/01/27 18:53
Economic policies are chasing investors away from US – Mercer

Economic policies are chasing investors away from US – Mercer

The post Economic policies are chasing investors away from US – Mercer appeared on BitcoinEthereumNews.com. A wave of clients are shifting away from U.S. assets as investors react to President Donald Trump’s trade and interest-rate agenda, according to Mercer LLC. The consulting firm says concern over tariffs, pressure on the Federal Reserve, a swelling budget deficit and the risk of a softer dollar are pushing money to Europe, Japan and other markets. Hooman Kaveh, Mercer’s global chief investment officer, said a rising share of the firm’s 3,900 clients, together overseeing about $17 trillion, are reducing U.S. exposure. The opening weeks in the early phase of Trump’s second term “has been a trigger for genuine diversification,” he noted in an interview this week. “We’re certainly seeing that in client portfolios where flows are toward diversifying markets, geographies, asset classes, currencies.” Market nerves were evident in early April after Trump’s “Liberation Day” announcement, when both U.S. stocks and Treasuries fell before rebounding. Even so, U.S. shares have trailed many overseas benchmarks in 2025 for dollar-based investors. Kaveh said investors are struggling to price the tariff path because the effects can cut two ways: either squeeze company margins or get passed through to consumers and lift inflation. “If you have a situation where tariffs are going to push prices up, and the weaker dollar potentially can increase inflation, that would cause the Fed much more of a challenge to cut rates,” he added. As mentione in a Bloomberg report, he called the White House’s preference for a weaker dollar “the Achilles heel to the current approach” since it can magnify the inflation impulse from tariffs. Where the money is going Trump’s repeated criticism of Chair Jerome Powell, saying he has been slow to lower borrowing costs, along with the president’s move to fire Governor Lisa Cook, is further encouraging clients to step back from the U.S., according to…
Share
BitcoinEthereumNews2025/09/18 13:17