South Korea’s Broadcasting, Media and Communications Review Committee will hear Polymarket’s response before deciding whether to take corrective action against the prediction market platform over gambling concerns.
South Korea’s Broadcasting, Media and Communications Review Committee is set to listen to Polymarket’s defense before making a ruling on the gambling issues raised. The committee announced that it will allow Polymarket to present its stance before reaching a final decision on any corrective measures. This decision comes after concerns were raised over the platform’s activities related to gambling.