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Crypto

White House says ethics provisions are sufficient, Democrats say still not enough as CLARITY Act dispute continues

The U.S. Senate\'s CLARITY crypto market-structure bill has hit renewed hurdles as Republicans and Democrats remain divided over ethics provisions. Republicans unveiled revisions barring senior officials from issuing or sponsoring digital assets and requiring disclosures for sales above $1,000. Democrats said safeguards on ethics, illicit finance and conflicts of interest remain insufficient. The White House said differences have narrowed, but votes remain uncertain ahead of the August recess.

Telecommunications & Media

Korea parliament science, ICT committee completes second-half lineup with AI budget, misinformation on agenda

South Korea\'s National Assembly Science, ICT, Broadcasting and Communications Committee begins second-half activities after ruling and opposition parties completed member assignments. The panel is expected to focus on securing budgets and setting investment priorities for government AI projects, ensuring power supply for AI data centres and chip plants, and overhauling broadcasting and telecom rules. It is also set to debate regulation of false and manipulated information, follow-up work on the AI basic law and media fund financing.

AI & Enterprise

NIA discusses AI legal and institutional tasks in healthcare, education and labour

The National Information Society Agency (NIA) held an open seminar on Wednesday to discuss legal and institutional responses to AI in healthcare, education and labour. The event in Seoul was part of the Intelligent Information Society Legal and Institutional Forum run with legal, industry, academic and research experts. Participants reviewed AI’s impact on people’s lives, rights and opportunities by sector and discussed reforms, including protections for human dignity and fundamental rights.