South Korea to consider adopting US-style data-sharing regulation

South Korea’s financial regulator said Thursday it will consider gradually adopting US-style data-sharing regulation to make it easier for firms to collect and use personal information.

The move is aimed at meeting rising demand for new technologies such as the Internet of Things and big data analytics, the Financial Services Commission said in a statement.

Source: S. Korea to consider adopting US-style data-sharing regulation

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