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There’s so much stolen data in the world, South Korea will require face scans to buy a SIM
(www.theregister.com)
This is a most excellent place for technology news and articles.
There was a recent study done by the University of Cambridge which analyzed the black market for fake accounts across various platforms in multiple countries. They found there was a correlation with the price of these accounts and ease/difficulty in setting up a SIM farm for that country.
Snippets from https://www.cam.ac.uk/stories/price-bot-army-global-index
So the likely outcome of this Korean effort will be to increase the costs for fake accounts but not to entirely eliminate them. With the extra risk of another place for sensitive data to be leaked.