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Crypto

U.S. Senate blocks Clarity Act but revote still possible

The U.S. Senate rejected a cloture vote on the Clarity Act, a digital asset market structure bill, by 49 to 50, leaving a procedural path for a revote. Republican Senator Thom Tillis switched his vote to preserve reconsideration options. With an Oct. 2 recess and election-related delays in both chambers, passage this year looks harder. Democrats seek stronger ethics provisions, citing President Donald Trump’s crypto interests, while talks continue over amendments and enforcement.

Telecommunications & Media

MSIT, BMCC to step up policy coordination, speed up Korea broadcast media telecom promotion agency

South Korea\'s Ministry of Science and ICT and the Broadcasting Media Communications Commission are strengthening policy coordination in areas including AI, media, digital regulation and user protection. The two agencies held their first working-level meeting on Sept. 17 to follow up on a senior-level policy consultation. They will jointly discuss the planned Korea Broadcast Media Telecommunications Promotion Agency, terrestrial UHD policy and user protection in cybersecurity incidents, and cooperate on an evaluation system for incident-related user protection from 2027.

AI & Enterprise

FortyTwoMaru wins government certification under AI product-service verification scheme

Agentic AI startup FortyTwoMaru said on Sept. 16 that its generative AI solutions, the domain-specific lightweight language model LLM42 v.1.1 and the high-precision retrieval-augmented generation solution RAG42 v.1.3, received certification under the government’s AI product-service verification scheme based on follow-up amendments to the AI Basic Act. The company said the system excludes simple API calls or rules-based non-AI software.