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AI & Enterprise

Local governments hold AX overhaul forum as Chu Mi-ae, Kim Byung-wook pitch policies

The Korea Generative AI Foundation (KGAF) said it held a policy forum in Seongnam to discuss AI transformation visions for Gyeonggi province and the city. Attendees included gubernatorial candidate Chu Mi-ae and Seongnam mayoral candidate Kim Byung-wook, along with lawmakers and AI experts. Chu highlighted semiconductors as core infrastructure and said AX can expand across industries. Kim urged data standardisation and model development for public administration.

Telecommunications & Media

SKT speeds up follow-up steps after USIM hack, tightens personal data safeguards

SK Telecom, which faced a USIM hacking incident last year, has implemented most corrective orders from South Korea\'s Personal Information Protection Commission, the commission said on Wednesday. Of 222 corrective and improvement orders whose deadlines fell in the second half of last year, 111 cases, or 95.0 percent, were carried out. SKT completed a full inspection of personal data processing systems, improved firewall policies and strengthened encryption measures. Some actions remain incomplete.

Crypto

Swiss central bank bitcoin reserve push fails after referendum signature drive falls short

A citizen campaign to require the Swiss National Bank to hold bitcoin as part of its reserves has been halted after failing to gather enough signatures for a national referendum. The initiative sought a constitutional change to mandate that some monetary reserves be held in gold and bitcoin, without specifying the bitcoin share. Supporters promoted bitcoin as a neutral reserve asset and hedge against dollar and euro exposure, but the SNB has opposed the idea, citing liquidity and volatility concerns.