South Korea’s media and communications review body is set to hear from Polymarket, a prediction market platform, as part of its ongoing regulatory assessment. The review focuses on potential gambling-related issues linked to the platform, according to CoinTelegraph.
The regulator will decide whether to issue a corrective request against Polymarket following this hearing. This step reflects South Korea’s cautious stance on platforms that may blur the lines between gaming and gambling.
For Japanese investors and traders, this development highlights the increasing regulatory attention that crypto and prediction markets face in Asia, which could influence market access and compliance requirements across the region.