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Deep Tide TechFlow News, May 22 — According to Bloomberg, South Korea's Broadcasting and Communications Review Committee has launched an official investigation into the prediction market platform Polymarket, examining whether it offers illegal gambling content and violates Korean laws. The report states that South Korea will hold local elections in June, and multiple trading markets related to election results have appeared on Polymarket, where users can bet on outcomes using cryptocurrencies. South Korea enforces strict anti-gambling regulations, allowing only government-licensed forms such as horse racing and sports betting. Previously, Polymarket stated that its market prices are formed by participant trades, and the platform itself does not set odds.